# ALR clears RM2.1b debt, eyes early highway handover

> ALR clears RM2.1b debt, aiming to hand over Klang Valley highways to Putrajaya by 2033.
- Title: ALR clears RM2.1b debt, eyes early highway handover | Shortify
- Summary: ALR clears RM2.1b debt, aiming to hand over Klang Valley highways to Putrajaya by 2033. Amanat Lebuhraya Rakyat Berhad (ALR) has cleared RM2.1 billion in…
- Keywords: alr, klang valley, toll highways, putrajaya, sukuk, debt clearance, highway handover, smart tunnel, news, world, clears, RM2
- Source: Malay Mail — https://malaymail.com/news/malaysia/2026/10/21/toll-concessionaire-alr-clears-rm21b-in-debt-eyes-early-highway-handover-to-putrajaya/240019
- Author: Soo Wern Jun
- Published: 2026-10-21T13:49:08+00:00
- Read time: 1 min
- Topics: alr, klang valley, toll highways, putrajaya, sukuk, debt clearance, highway handover, smart tunnel, news, world
## ALR debt milestone
Amanat Lebuhraya Rakyat Berhad (ALR) has crossed the RM2 billion threshold in cumulative sukuk principal and profit repayments.
## Early highway handover target
ALR aims to return four major Klang Valley toll highways to the government by 2033, five years ahead of schedule.
## Debt repayment model
ALR uses surplus toll revenue exclusively for debt elimination, not shareholder dividends.
## Sukuk payment details
On October 13, 2026, ALR made its eighth sukuk payment of RM513.8 million, totaling over RM2.149 billion.
## Sukuk program scale
The Sustainability Sukuk Murabahah Programme carries total sukuk obligations of RM7.935 billion.
## Debt repayment timeline
ALR expects to settle all sukuk obligations by 2033, five years earlier than the 2038 maturity date.
## SMART Tunnel impact
The SMART Tunnel has diverted 266.03 million cubic metres of floodwater over 685 events, preventing RM4.94 billion in damage.
## Toll rate commitment
ALR maintains toll rates at current levels until highways are formally returned to Putrajaya.
## Government handover plan
The government can decide whether to charge nominal tolls or make highways toll-free after ALR returns them.
## Key takeaway

Amanat Lebuhraya Rakyat Berhad (ALR) has cleared RM2.1 billion in debt, enabling early return of four Klang Valley toll highways to the government by 2033.