Termination of HSR in the best interest of the nation


Dr Joewono Prasetijo, the head of the Industry Centre of Excellence for Railway (ICoE-Rel) at Universiti Tun Hussein Onn Malaysia, said it was clear that the termination was obliged due to the proposed changes, done in reference to the current economic situation.

PETALING JAYA: Malaysia has proposed alternatives to lower the cost of the high speed rail (HSR) project from Kuala Lumpur to Singapore when the Covid-19 pandemic showed no signs of slowing down last June.

As negotiations between Malaysia and Singapore fell through, the bilateral agreement lapsed on Dec 31,2020, leading to the termination of the mega project.

Celebrate Merdeka with 50% Off!
T&C applies.

Monthly Plan

RM13.90/month
RM6.95 only

Billed as RM6.95 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM6.17/month

Billed as RM78 for the 1st year then RM148 thereafters.

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!

Termination , HSR , Singapore , Malaysia , compensation ,

   

Next In Business News

Ringgit seen to trade higher next week
Oil prices settle US$1 down as supply set to rise
Smoothing the way for EVs
Mah Sing records robust eight-month performance
MSM aims for 45,000-tonne grain sugar export to China
Opening the national electricity grid
Refinancing option likely
Malaysia Airlines at pivotal crossroads
Taking a leaf of electricity reforms from other countries
New CIMB Group CEO Novan upbeat about prospects for 2H24

Others Also Read