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Malaysia, Singapore ink agreement to defer high-speed rail project for 2 years; KL to pay S$15m for suspending work

2018-09-06 09:36:31       source:Straits Times

September 6, 2018


PUTRAJAYA -- Malaysia and Singapore have signed an agreement to postpone work on the Kuala Lumpur-Singapore High Speed Rail (HSR) for about two years, up to May 31, 2020.


A joint statement released by both countries on Wednesday (Sept 5) said the HSR express service is now expected to commence by Jan 1, 2031, four years later than the original start date of Dec 31, 2026.


Under the deal, Malaysia has agreed to reimburse Singapore S$15 million by end-January 2019 for abortive costs incurred by the deferment of the mega project, which has had a question mark over its future since Malaysia elected a new government in May.


Read more:

https://www.straitstimes.com/singapore/malaysia-singapore-ink-agreement-to-defer-high-speed-rail-project-for-two-years