The race hots up for High Speed Rail project

  • Business
  • Saturday, 02 Jan 2016

IN the race to clinch the RM40bil high-speed rail (HSR) deal connecting Kuala Lumpur and Singapore, China Railway Engineering Corp (CREC) may be a step ahead of its competitors as it also owns a stake in Bandar Malaysia, slated to be a transportation hub of the bullet train service.

CREC and its Malaysian partner, Tan Sri Lim Kang Hoo’s Iskandar Waterfront Holdings Bhd (IWH) collectively owns 60% of Bandar Malaysia Sdn Bhd (BMSB), which is the project owner of the 486-acre Bandar Malaysia.

Limited time offer:
Just RM5 per month.

Monthly Plan


Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , high speed rail


Next In Business News

Stocks hit by tech slide; yen flails at intervention zone
Toyota hits record annual output, sales on robust demand
Solarvest delivers 8.9MWP solar project to NTPM
Investors take profit amid regional weakness
Malaysia's CPI rises 1.8% in March
DNB announces new board members comprising representatives from all five MNOs
Axiata, Sinar Mas move closer to US$3.5bil telco merger
Agricore gets Bursa nod to list on ACE Market
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain
Ringgit soft as US$ remains elevated

Others Also Read