Compare hotel prices and find the best deal - HotelsCombined.com
By October 16, 2012 0 Comments

Automated Enforcement System (AES) Profit ?

Automated Enforcement System (AES) Profit ?

Automated Enforcement System (AES) which aims to reduce traffic offences has raised eyebrows over the huge profits which is expected to give ATES Sdn Bhd and Beta Tegap Sdn Bhd, the two companies who won the coveted government concession an estimated RM700 million a year from the summons.

DAP secretary-general Lim Guan Eng who raised this issue also asked “Does it cost RM600-800 million as claimed by both companies to install the 831 cameras which would cost RM722,000-RM962,000 per camera?”

Lim said that the companies will gain estimated RM700 million a year with a simple calculation as follows :

  • RM16 for each of the first five million summons paid by traffic offenders in the first tier, resulting in a sum of RM80 million.
  •  RM270 million for the second tier, which awards them half of the revenue collected; and
  • 7.5 per cent of the remaining revenue under tier 3,

He had based his calculations on a fine of RM300 imposed on 170 million summons issued in one year, adopting the figures from recent news reports for the first eight days after the AES was launched on September 23. For record New Straits Times had reported that 63,558 traffic offences were captured on the AES within those eight days.

 

Incoming search terms:

Posted in: Automotive

Post a Comment