PETALING JAYA – A private company wants 50% of all parking revenue in Selangor, and the state government is not only giving in, but also facilitating this scheme.
The company, a smart city solutions provider linked to a tycoon with multiple business interests, has submitted a proposal to the state government wherein it will take over the monitoring and maintenance of municipal parking for 50% of the revenue.
Sources close to the matter said four municipal and city councils have been identified for phase one of the scheme: Petaling Jaya, Subang Jaya, Shah Alam and Selayang.
The state executive councillor in charge of Investment, Commerce and Mobility, Ng Sze Han, confirmed the plans to Scoop but did not give any details.
Instead, he directed all queries to the state executive councillor for Local Authorities, Tourism and New Villages, Datuk Ng Suee Lim.
Neither Ng nor Menteri Besar Datuk Seri Amiruddin Shaari have responded to queries.
It is understood that the proposal, in the case of Petaling Jaya City Council (MBPJ), includes a RM5 million payment to the council from the annual street parking revenue, which is about RM18 million annually.
Then of the RM13 million remaining, another 40% goes back to the council, 10% to Menteri Besar Incorporated (MBI), and 50% to the company.
It is also learnt that the company which will monitor the parking lots and work with the council’s enforcement division will also take a percentage of the summons or fines issued.
Scoop can reveal that this was a direct negotiation with no tenders or proposals called, and it will mean the enrichment of corporations to the detriment of ratepayers, whose local council will now be getting less revenue if this scheme goes through. – July 8, 2025