Lee: Singapore, Malaysia have made very good progress on high-speed rail agreement

SINGAPORE: Prime Minister Lee Hsien Loong says Singapore and Malaysia have made very good progress on a bilateral agreement on the Singapore-Kuala Lumpur High-Speed Rail (HSR), and hopes both sides can sign the agreement when he and Prime Minister Datuk Seri Najib Tun Razak meet at the Leaders' Retreat.

"It is a very ambitious, very complicated and a very expansive project, in terms of scale. We have to try our best to anticipate what the likely issues are, when we build it, when we operate it, and have a clear understanding on how we will deal with it if a situation arises," Lee said in an interview with the chairman of Malaysian state news agency Bernama Azman Ujang on Monday.