Multiplier effect of M'sia-S'pore high-speed rail, estimated at RM20bil to RM30bil, likely to be huge

PETALING JAYA: News that Malaysia and Singapore have mutually agreed to build a high-speed rail (HSR) linking the two countries has excited both analysts and industry players alike, as the multiplier effect on the country's various sectors is likely to be huge.

The HSR, which will cut travel time between the two countries to 90 minutes from five hours, is targeted to be completed by 2020. With an estimated distance of 310 to 350km, analysts reckon the project would cost between RM20bil and RM30bil, inclusive of land acquisition.