Guan Eng: Offers received to halve cost of HSR

The appointment letter, as noted in a Bursa Malaysia filing by YTL, has set out the terms and conditions for the appointment of YTL THP JV Sdn Bhd to undertake civil infrastructure works in the southern portion of the HSR

PETALING JAYA: The Malaysian government has received offers to halve the cost of the high-speed rail (HSR) project.

This is following Prime Minister Tun Dr Mahathir Mohamad’s announcement that construction works for the 350km line would be postponed in light of the national debt of RM1 trillion.