The Setiawangsa-Pantai Expressway (SPE), spanning 20.7km, will be officially accessible to motorists in its entirety at 11.59pm on Friday. This significant development includes the opening of the previously unaccessible 16.3km stretch comprising Sections 1 to 3, extending from Kerinchi to Setiawangsa. Section 4, covering 4.4km and connecting Setiawangsa to Taman Melawati, has been operational since December 2021.
Works Minister Datuk Seri Alexander Nanta Linggi, who presided over the official launch of the expressway, announced that toll charges at the three toll plazas along the stretch, namely Chan Sow Lin, Ampang, and Setiawangsa, will be waived until December 2. Following this one-month period, car users will be subject to the standard toll rate of RM3.50.
The fully operational SPE is expected to accommodate approximately 100,000 vehicles daily, serving as a vital link to various other highways such as SPRINT, AKLEH, DUKE, and MRR2. Alexander emphasized that the expressway’s integration with these road networks will enhance efficiency and alleviate traffic congestion in Kuala Lumpur.
The concessionaire for the SPE is Lebuhraya DUKE Fasa 3 Sdn Bhd (DUKE 3), a wholly-owned subsidiary of Ekovest Bhd. At the close of trading, Ekovest’s shares registered a marginal gain of half a sen or 1.05%, reaching 48 sen per share and reflecting a market capitalization of RM1.41 billion.