RTS Link fares to factor in differences in Singapore-Malaysia currency exchange rate


JOHOR BARU: Fares for the Rapid Transit System Link (RTS Link) will take into account various factors, including the currency exchange rate between Malaysia and Singapore.

RTS Operation (RTSO) Pte Ltd chief executive officer Dr Ahmad Marzuki Ariffin said the announcement on the fares, which will start operations in January 2027, is expected to be made by the country's top leadership in 2026

"There is a process… to determine the fare, not to mention it involves two countries.

"For now, we cannot share any information but the matter will be announced next year.

"The currency difference will be taken into account, whether the fare is in Malaysian ringgit or Singapore dollars or both – it will be announced later," he said in a Briefing Session on the Latest Developments of the RTS Link Project with the media at Menara JLand here on Wednesday (Feb 26).

According to Ahmad Marzuki, the work on the RTS Link rail system connecting Malaysia and Singapore has reached 50%.

"The installation of the track which began at the Wadi Hana Depot here is progressing according to schedule, with more than 65% of the work completed including the installation of track linings, rail tracks and fastening both components with clips.

"We expect track work to continue towards Woodlands North Station in Singapore and is expected to be completed this July.

"System-related work involving the installation of track power supply components, signalling and communication systems will commence in March," he said.

RTSO is the operator of the RTS Link route and is a joint venture operating company between Prasarana Malaysia Berhad and SMRT Corporation Ltd of Singapore, which was established to manage the day-to-day operations of the transit system.

On Jan 11, 2024, Prime Minister Datuk Seri Anwar Ibrahim and his Singaporean counterpart Lee Hsien Loong witnessed a historic moment for the RTS Link Project with the span connection at the junction of the project's marine viaduct connecting Johor Baru and Singapore.

RTS Link is a 4km commuter rail network connecting Malaysia and Singapore, covering the route between two stations, namely Bukit Chagar, Johor Bahru and Woodlands North, Singapore.

The rail transport has a capacity of up to 10,000 passengers per hour in each direction with an expected daily ridership of about 40,000 passengers. – Bernama

 

 

 

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