Saturday, January 2, 2021

Kuala Lumpur -Singapore High Speed Rail (HSR) Project Terminated


KUALA LUMPUR, Jan 1 -- The Kuala Lumpur-Singapore High Speed Rail (HSR) project has been terminated, as both countries failed to reach an agreement on changes proposed by Malaysia before the project agreement lapsed on Thursday (Dec 31).

A joint press statement by Malaysian Prime Minister Tan Sri Muhyiddin Yassin and his Singapore counterpart Lee Hsien Loong said the Malaysian government had proposed several changes to the HSR project due to the impact of the COVID-19 pandemic on the Malaysian economy.



"Both governments had conducted several discussions with regard to these changes and had not been able to reach an agreement. Therefore, the HSR Agreement had lapsed on Dec 31, 2020,” it said.

Sources - BERNAMA 

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