VEP fee collection expected to cross RM100mil in 2024, says Loke

Vehicle Entry Permit News

VEP fee collection expected to cross RM100mil in 2024, says Loke
VEPTransport MinistryAnthony Loke
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KUALA LUMPUR: Fee collection from the implementation of the Vehicle Entry Permit is expected to reach more than RM100mil in 2024, says Transport Minister Anthony Loke .

He said talks will be held with the Finance Ministry on ways to improve public transportation in Johor with the revenue generated."With the expected increase in vehicles from Singapore entering Johor this year, I estimate the collection to surpass RM100mil," he said when replying to a supplementary question from Tan Hong Pin in Dewan Rakyat on Tuesday ."For every RM20 collected for VEP, RM5 is given to the Johor government.

"We will negotiate with and convince the Finance Ministry that the collection is channelled to the Johor for public transport purposes," he said. He said the money could be used to increase public bus routes in Johor following the completion of the Rapid Transit System Link connecting Johor Baru and Singapore.Earlier, Loke informed the House that as of September, 89,818 trips were made by vehicles crossing over from Johor to Singapore comprising 31,194 cars, 53,000 motorcycles, 3,531 buses and 2,093 lorries.

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