Why HSR AssetsCo had to go

Public explanation: Esa (left) and Mohd Nur at the press conference in Kuala Lumpur.

KUALA LUMPUR: Malaysia needed to ensure it has adequate flexibility to deliver the best value for the country in the construction and operation of the proposed high speed rail (HSR) from Kuala Lumpur to Singapore, and for that reason, any additional layer that adds cost and unnecessary rigidity of the project has to go under the present climate.

At a press conference here yesterday, MyHSR Corporation Sdn Bhd, the HSR project owner on the Malaysian side, explained why the AssetsCo, an entity originally proposed to govern the procurement and operations of the bilateral project, had outlived its purpose, and more so during a pandemic.

Get 30% off with our ads free Premium Plan

Monthly Plan


Annual Plan


Billed as RM103.60/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!

high speed rail , HSR , AssetsCo


Next In Nation

MCA awards 27 education incentives to its employees' kids
School block in Kinabatangan razed in fire
Police record Bozz Jebat's statement for allegedly insulting Sarawak Premier
HR ministry to lead committee establishing a Gig Workers Commission
Selangor MB dismisses allegations that PKNS struggling financially
New smart container port to be built in Port Dickson, says Negri MB
Cops safely return mentally unstable youth to his family in Tangkak
Several Islamic affairs enactments are to be amended, says Tuanku Muhriz
Fake news on EPF, PNB dividend payouts disrespectful to hardworking EPF employees, says PJ MP
Umno to activate war room in case of by-elections, says Ahmad Maslan

Others Also Read