History
Klang Sentral was a Build-Operate-Transfer (BOT) project between the developer and the Klang Municipal Council (MPK). The concession agreement was signed in January 2007 during the administration of the former Barisan Nasional state government in Selangor.
The project was planned by Selangor State Urban Planning Department (JPBD) for the development of Klang Town in the 1990s. The plan was taken seriously by Klang Municipal Council (MPK) when the former Klang bus and taxi terminal was burnt down by fire on 19 May 2003 and increasing traffic congestion in the town.
The developer of Klang Sentral had built the terminal and contribute the 6 acres (24,000 m2) land to the state government, with total cost of RM 40million to the developer. For this reason, the developer was given a 30-year concession rights to operate the bus and taxi terminal after which the ownership of the terminal shall be given to MPK. It is one of the few project that is continued by the administration of Pakatan Rakyat state government in Selangor.
However, if MPK decides not to relocate the former Klang bus and taxi terminal (which is located right in the heart of the town centre) to Klang Sentral, MPK will have to pay a sum of RM13 million compensation charges to the developer.
Read more about this topic: Klang Sentral
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