The_King Posted December 24, 2020 Share Posted December 24, 2020 KUALA LUMPUR (Dec 24): Malaysia is set to pay RM300 million in compensation to Singapore after deciding to terminate the Kuala Lumpur-Singapore High Speed Rail (HSR) contract and instead undertake the project without Singapore’s participation, a source said yesterday. This comes as the long-drawn negotiation between the two sides is reaching its end-December deadline. The source said the project will now see the line stretching from Kuala Lumpur to Johor Bahru, as opposed to the previous plan to link the capitals of both countries — one of the busiest flight routes in the world. This is in line with previous media reports and speculation that the railway project will proceed without Singapore, with Malaysia to pay the island state the termination compensation. The project was first announced in September 2010, under the previous Barisan Nasional (BN) Government, and was slated for completion in 2026. Works were initially slated to start in late 2018, after an open tender was called in November 2017 with the eight stations, namely Bandar Malaysia, Sepang-Putrajaya, Seremban, Melaka, Muar, Batu Pahat and Iskandar Puteri in Malaysia and the Jurong East station in Singapore, to commence operations by end-December 2026. Meanwhile, the subsequent Pakatan Harapan (PH) Government — which came into power in 2018 — initially planned to scrap the project, but later mooted a scaled-down version of the rail line. This resulted in a new start date of end-May 2020 and cost the Government S$15 million in compensation to Singapore due to the deferment of the project. The start date was subsequently deferred until end-2020. PH had estimated that the entire cost of the HSR project at RM100 billion, although the BN government had estimated it could be completed for RM72 billion. Analysts had previously pegged the cost to be between RM30 billion and RM40 billion. On the other hand, a source previously told The Edge earlier this year that the project may cost as much as RM68 billion. Late last month, a spokesperson for Singapore’s Transport Ministry told The Straits Times that Malaysia had sought some changes. The Edge learned that one of the changes mooted was for the HSR to be connected to the Kuala Lumpur International Airport, although it was said that the suggestion was rejected by Singapore. The proposed alignment change had previously been suggested in 2018, when the project was put under review by the PH government, and had also considered the interoperability of the HSR and the East Coast Rail Link (ECRL), as both the ECRL and HSR trains could possibly run on each other’s tracks if the signalling and systems are planned together in the early stage. https://www.theedgemarkets.com/article/malaysia-go-it-alone-hsr-project-pay-rm300m-compensation-singapore-—-source?type=malaysia 2 Link to comment Share on other sites More sharing options...
The_King Posted December 24, 2020 Author Share Posted December 24, 2020 Quote : The Edge learned that one of the changes mooted was for the HSR to be connected to the Kuala Lumpur International Airport, although it was said that the suggestion was rejected if this is true then really don't know what to say 3 Link to comment Share on other sites More sharing options...
socrates469bc Posted December 24, 2020 Share Posted December 24, 2020 28 minutes ago, The_King said: Quote : The Edge learned that one of the changes mooted was for the HSR to be connected to the Kuala Lumpur International Airport, although it was said that the suggestion was rejected if this is true then really don't know what to say can gxgx to the following buyers of these developments for early cny. https://www.propertyguru.com.sg/condo-directory/search-project/in-boon-lay-jurong-tuas-d22 3 Link to comment Share on other sites More sharing options...
unclefcuker Posted December 24, 2020 Share Posted December 24, 2020 Jurong genting kenna pawn by MY govt. 2 Link to comment Share on other sites More sharing options...
meng.huat Posted December 24, 2020 Share Posted December 24, 2020 song la... the KL kia can sit HSR to JB bluewave... 2 Link to comment Share on other sites More sharing options...
Homelander Posted December 24, 2020 Share Posted December 24, 2020 47 minutes ago, meng.huat said: song la... the KL kia can sit HSR to JB bluewave... Still have bw meh? I thot toh liao Link to comment Share on other sites More sharing options...
XianGe Posted December 24, 2020 Share Posted December 24, 2020 1 hour ago, Homelander said: Still have bw meh? I thot toh liao Sinkies no more go bluewave? Link to comment Share on other sites More sharing options...
Homelander Posted December 24, 2020 Share Posted December 24, 2020 4 minutes ago, XianGe said: Sinkies no more go bluewave? How to go? Swim over? Link to comment Share on other sites More sharing options...
XianGe Posted December 24, 2020 Share Posted December 24, 2020 2 hours ago, Homelander said: How to go? Swim over? They should still have enuff domestic biz ba Link to comment Share on other sites More sharing options...
Homelander Posted December 24, 2020 Share Posted December 24, 2020 2 hours ago, XianGe said: They should still have enuff domestic biz ba Hmmm not sure, always get the impression jaybee biz mostly pricing is targeted at sg demographic Anyway we probably will know in 2022 Link to comment Share on other sites More sharing options...
XianGe Posted December 24, 2020 Share Posted December 24, 2020 1 minute ago, Homelander said: Hmmm not sure, always get the impression jaybee biz mostly pricing is targeted at sg demographic Anyway we probably will know in 2022 Maybe domestic go better place 1 Link to comment Share on other sites More sharing options...
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