PETALING JAYA: Extensive private sector participation is the only way the Kuala Lumpur-Singapore High-Speed Rail (HSR) project can see the light of day, given the government’s fiscal constraints, say experts.
“It is clear that the project can only proceed with private sector financing,” said Sunway University economics professor Dr Yeah Kim Leng, who added that the country has to wait and see if any of the proposals submitted meets the self-funding criterion set by the government.
