![]() New concession terms also stipulate that savings from the highway’s contracts that are awarded via open tender will be channelled back to the Government, 6. WCEH) is the concessionaire holder of the WCE. After the highway reaches a targeted internal rate of return, whatever extra will be shared with the Government,” Neoh said. The highway is the first in a new generation of future highways that will be built according to new concession terms that have been revised by the Government unlike its predecessors.“This highway has a profit- sharing element involved. ![]() ![]() Maybe three to four packages will be opened first,” WCE Holdings Bhd’s (WCEH) managing director Datuk Neoh Soon Hiong (pic) told Star. SHAH ALAM: Some parts of the much awaited West Coast Expressway (WCE) are expected to be open earlier than scheduled and the whole highway is on track for full completion in three years.“We think that we can open the sectional tolling parts earlier than schedule but it may also depend on the situation.
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