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Malaysia to pay 39% of the total cost of the 4km link project, with the balance to be borne by Singapore.


The_King

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JOHOR BARU: The construction of the RM10bil Rapid Transit System Link between Malaysia and Singapore is expected to begin in early 2021, some 11 years after the idea was first announced by leaders from both countries.

Malaysia – through the Transport Ministry – will be forking out RM3.715bil or 39% of the total cost of the 4km link project, with the balance to be borne by Singapore.

 

Transport Minister Datuk Seri Dr Wee Ka Siong said the Malaysian side of the project would be 2.7km and elevated while Singapore would build the remaining 1.3km.

The link to the Woodlands station in Singapore will be underground.

The project, said Dr Wee, would be divided into two phases – the structural phase, which would take four years, and the technical phase, which would take two years.

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“We will be building a new depot in Wadi Hana here that will be jointly owned by Malaysia and Singapore.

“The depot is necessary as we need a place to carry out maintenance and servicing works for the LRT, ” he told reporters after the signing of the agreement on RTS at a ceremony at the border on the Causeway yesterday.

Prime Minister Tan Sri Muhyiddin Yassin and his Singaporean counterpart Lee Hsien Loong witnessed the 20-minute ceremony.

Dr Wee said those commuting with the RTS Link would only have to go through Immigration clearance once at the point of departure – either at Bukit Chagar in Johor Baru or Woodlands in Singapore.

“There will be two Customs, Immigration and Quarantine (CIQ) – one in Malaysia and another in Singapore.

“We will send our Malaysian Immigration officers to the Singapore CIQ where they will conduct the clearance process there. Vice versa, Singapore will send their Immigration officers here to conduct the clearance at our CIQ, ” he said.

Dr Wee, who commended his ministry’s secretary-general as the chief negotiator for the project, said it would lead to a lot of spillover effects and job creation.

Once the depot is completed, there would be at least 1,500 job opportunities.

“During the entire project, at least 150 supporting industries will benefit directly or indirectly.

“Indirect opportunities include providing more consultancy packages for the locals, opportunities for contractors and civil works.

“Locals can also participate in the supply of materials, ” he said.

On the proposed fare, both Prasarana Malaysia Bhd and SMRT Corporation Ltd, he said, would come out with a fee structure.

“We will announce it before its operation, ” Dr Wee said, giving his assurance that this would not be costly.

“We will have to consider the B40 group and those who commute to Singapore on a daily basis to make this project viable.”

The two governments earlier announced that the RTS Link project had officially resumed after several hiccups.

In a joint statement, the two governments said both countries had agreed on key changes – the RTS Link would be a standalone Light Rail Transit (LRT) system instead of leveraging on the Thomson-East Coast Line (TEL) Mass Rapid Transit (MRT) system.

“Its capacity remains unchanged at up to 10,000 passengers per hour per direction. It will no longer use the existing TEL Mandai Depot.

“A new depot will be constructed in Wadi Hana, Johor Baru.

“Each government will separately appoint an infrastructure company to fund, build, own, maintain and renew the civil infrastructure and stations in its territory up to the international boundary, ” it said.

Malaysia had changed its infrastructure company from Prasarana to Malaysia Rapid Transit System Sdn Bhd, a subsidiary of Mass Rapid Transit Corporation Sdn Bhd, while the Land Transport Authority of Singapore remains as Singapore’s infrastructure company.

Also concluded were three key agreements necessary to resume the project.

They are the agreement to amend the RTS Link Bilateral Agreement, and a Joint Venture Agreement between Singapore SMRT RTS Pte Ltd and Malaysia’s Prasarana RTS Operations Sdn Bhd, a wholly-owned subsidiary of Prasarana Malaysia Bhd, to constitute RTS Operations Pte Ltd.

Both countries also agreed on a Concession Agreement for the Malaysian government and the Land Transport Authority of Singapore to appoint RTS Operations Pte Ltd as the operating company for the first 30-year concession period.

“When completed, the RTS Link will ease Causeway congestion, improve connectivity, foster people-to-people ties and generate shared economic and social benefits, ” it said.

 

 

https://www.thestar.com.my/news/nation/2020/07/31/rm10bil-rts-link-to-go-ahead

Edited by The_King
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11 hours ago, meng.huat said:

the kumgong transport minister and foreign ministry jiak sai one is it?

 

why do we pay more for the RTS for their jiuhu kia to come steal sinkies lunch??

 

4 minutes ago, aaur4man said:

lol cheebye shortchanged again

 

most likely part of the extras is from the land acquisition costing in woodlands.

 

accounting magic to transfer state land to rts.

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