New deadline for High Speed Rail project
Malaysia and Singapore have agreed to re-assess the initial target of a 2020 deadline to complete High Speed Rail Project (HSR) connecting both countries, given its complexity and scale.
Prime Minister Datuk Seri Najib Razak said the development of the project will take five years, while the tender and design processes will take a year each, thus it would push the initial target of 2020 further.
"Bilateral issues on the matter will be settled by the year's end, and we will announce a new deadline for the project," Najib told reporters during a joint press conference between Najib and his Singapore counterpart Lee Hsien Loong at the Malaysia-Singapore Sixth Leaders Retreat today.
Lee also announced that the HSR terminus for the Singapore's side will be located in Jurong East which is being developed by the republic as its next central business district.
The announcement follows Malaysia's announcement last year that the HSR project on its side will start from Bandar Malaysia in Sungai Besi.
Malaysia's Prime Minister Najib Razak (L) and Singapore's Prime Minister Lee Hsien Loong (R) attend a joint press conference after a meeting at a hotel in Singapore. Najib is here on a two-day visit for the 6th Singapore-Malaysia Leaders' retreat.
~News courtesy of New Straits Times~
Malaysia and Singapore have agreed to re-assess the initial target of a 2020 deadline to complete High Speed Rail Project (HSR) connecting both countries, given its complexity and scale.
Prime Minister Datuk Seri Najib Razak said the development of the project will take five years, while the tender and design processes will take a year each, thus it would push the initial target of 2020 further.
"Bilateral issues on the matter will be settled by the year's end, and we will announce a new deadline for the project," Najib told reporters during a joint press conference between Najib and his Singapore counterpart Lee Hsien Loong at the Malaysia-Singapore Sixth Leaders Retreat today.
Lee also announced that the HSR terminus for the Singapore's side will be located in Jurong East which is being developed by the republic as its next central business district.
The announcement follows Malaysia's announcement last year that the HSR project on its side will start from Bandar Malaysia in Sungai Besi.
Malaysia's Prime Minister Najib Razak (L) and Singapore's Prime Minister Lee Hsien Loong (R) attend a joint press conference after a meeting at a hotel in Singapore. Najib is here on a two-day visit for the 6th Singapore-Malaysia Leaders' retreat.
~News courtesy of New Straits Times~
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