“We are trying to get the private sector to wholly fund this project. Hopefully, we can find the sweet spot of private sector-government involvement, moving forward,” says Nur Ismal.
WITH stretched government finances at the moment, keeping the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) as a privately funded project is the preferred way forward.
This is in contrast to the previous funding model that saw a high level of government involvement in the project, which may be one of the contributing reasons why it failed to take off.
