Malaysia finalising details on proposed high-speed rail between KL & S’pore
MALAYSIA — Malaysia is finalising details of the technical engineering and feasibility studies of the proposed high-speed rail link between Kuala Lumpur and Singapore.
MALAYSIA — Malaysia is finalising details of the technical engineering and feasibility studies of the proposed high-speed rail link between Kuala Lumpur and Singapore.
Malayais’a Minister in the Prime Minister’s Department Nancy Shukri revealed in parliament that a full report is expected to be ready by the end of July.
The government is expected to put it up for tender by the end of the year.
The project, which was agreed in principle between Malaysia and Singapore in February, is targeted for completion by 2020.
At least three bidders have shown interest in the project, which is estimated to cost some US$12 billion (S$15 billion).
They are UEM, which is controlled by government investment arm Khazanah Nasional, MMC Gamuda, which is led by Malaysian tycoon Syed Moktar Al-Bukhary, and YTL Corp, which built and operates the express rail link to the KL International Airport. CHANNEL NEWSASIA
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