KUALA LUMPUR: AFA Infrastructure and Development Sdn Bhd (AID), the concessionaire of the Kuala Lumpur–Karak Expressway and East Coast Expressway, is targeting annual revenue growth of 2% to 3% from toll collection, driven by economic, tourism, and logistics activities along the highways.
The highways serve as key links to the East Coast Economic Region and major developments such as the Genting Integrated Tourism Plan, which are expected to contribute to the targeted revenue growth.
AFA Group Chairman Tan Sri Azmil Khalili Khalid said the company recorded RM480 million in toll revenue during the last financial year.
“The projected revenue growth of 2% to 3% reflects the maturity of the KL–Karak Expressway and East Coast Expressway as established infrastructure assets. Traffic volume remains the primary revenue driver, while other income sources contribute minimally. As such, our focus is firmly on optimising and managing traffic flow to sustain and enhance revenue generation,” he said during a media briefing.
AID currently manages the entire 235.4-kilometre highway network, stretching from Gombak (KM19.2) in the Klang Valley to Jabor (KM250.6) in Terengganu.
Azmil emphasised that sustainability remains a core component of AID’s operations, with initiatives aligned to Malaysia’s National Energy Transition Roadmap (NETR) and the nation’s goal of achieving net-zero carbon emissions by 2050.
As part of its environmental and sustainability commitments, the company has been monitoring Scope 1 and Scope 2 carbon emissions since 2023, with plans to incorporate Scope 3 emissions reporting in the future.
The company is also exploring the installation of solar panels and energy-efficient systems at rest and service areas (RSAs). In addition, AID’s investments in green technology include the deployment of electric vehicle (EV) charging stations and the adoption of sustainable construction materials across its highway infrastructure projects.
Published by theSun. (29 Nov 2024). For more details, read the full news coverage here: Highway concession unit targets 2-3% revenue growth from toll collection