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Azmin: HSR price inflated by ‘many corrupt elements’

  • Sep 8, 2018
The price of the RM120 billion High-Speed Rail project that would link Kuala Lumpur and Singapore had been inflated due to “many corrupt elements”, said Economic Affairs Minister Mohamed Azmin Ali.Nonetheless, Malaysia will be able to resume the project at a lower cost in two years, at a time Malaysia is facing fewer financial constraints, he said.“We know the project is good and will be able to link two neighbouring countries and generate economic growth, but the problem is that the cost
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HSR project deferred to 2020, Putrajaya to foot RM45m bill

  • Sep 5, 2018
Malaysia and Singapore have inked a deal marking their agreement to defer the KL-Singapore High-Speed Rail (HSR) project until May 31, 2020. In a ceremony held at the Prime Minister's Office in Putrajaya today, the side-letter was signed by Economic Affairs Minister Azmin Ali and Singapore’s Transport Minister Khaw Boon Wan. This was witnessed by Prime Minister Dr Mahathir Mohamad and Singapore's Deputy Prime Minister Teo Chee Hean. Also present were Deputy Prime Minister Wan Azizah W
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Azmin: KL-S'pore HSR deferred indefinitely

  • Sep 3, 2018
It's official. The Kuala Lumpur-Singapore High-Speed Rail (HSR) project has been deferred indefinitely.Economic Affairs Minister Mohamed Azmin Ali told reporters today that this has been agreed upon by his Singaporean counterparts."The Singaporean government has accepted our opinion that the project should be deferred (indefinitely) because we are confident that Malaysia's economy will (eventually) improve."There is no need to pay compensation during this period," he told reporters at the sideli
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Report: M'sia spared RM500m penalty, HSR deferred for 2 years

  • Sep 1, 2018
Malaysia and Singapore appear to have reached a compromise which will see Putrajaya being spared a RM500 million penalty for a two-year deferral of the Kuala Lumpur-Singapore High-Speed Rail (HSR) project, according to business weekly The Edge.The report, which was also carried by its sister portal The Edge Property, said the deferral will be in effect until May 31, 2020.Citing sources, it said the agreement was reached "in a spirit of good neighbourliness".The source added that Singapore recogn
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Discussions to defer HSR ongoing, says S'pore

  • Aug 25, 2018
Malaysia's discussions with Singapore to defer the controversial High-Speed Rail (HSR) project are ongoing, according to a report.Channel NewsAsia yesterday reported Singapore's Transport Ministry confirming the matter, while stressing the agreement on the project remains intact.“Coordinating Minister for Infrastructure and Minister for Transport Khaw Boon Wan’s discussion with Malaysia’s Minister of Economic Affairs Mohamed Azmin Ali on Malaysia’s request to defer the HSR project is ong
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KL-S'pore HSR talks to continue in the coming weeks

  • Aug 15, 2018
Discussions between Malaysia and Singapore on the Kuala Lumpur-Singapore High-Speed Rail (HSR) project will continue in the coming weeks, after officially kicking off on Aug 11.Singapore Transport Minister Khaw Boon Wan and Malaysia's Economic Affairs Minister Mohamed Azmin Ali met in Singapore last Saturday to discuss the project, Channel NewsAsia reported last night."The ministers discussed the HSR project and agreed to continue discussions in the coming weeks," Singapore's Ministry of Transpo
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Loke: Azmin-S'pore HSR report to be presented to cabinet next week

  • Aug 12, 2018
A detailed report on the Kuala Lumpur-Singapore High Speed Rail (HSR) project following the meeting between Economic Affairs Minister Mohamed Azmin Ali and Singapore's representative will be presented to the Cabinet next week, said Transport Minister Anthony Loke.He said that he had not been informed of the outcome of the discussions so far, and was in fact, waiting for the cabinet meeting.“I understand that Azmin met the Singapore government representative to discuss HSR issues earlier today,
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S'pore welcomes M’sia’s suggestion to get HSR discussions on track

  • Aug 2, 2018
Singapore has welcomed Malaysia’s suggestion to commence discussions on the High-Speed Rail (HSR) project, said the republic’s Ministry of Transport (MOT).The Singapore government received a letter from Malaysia’s Economic Affairs Minister Mohamed Azmin Ali, dated July 23, 2018, stating that the government was studying the details of the HSR project and will commence discussions with Singapore soon.The MOT said the Singapore government requested its Malaysian counterpart to provide a writt
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Study: M'sia could earn US$1.59b per year from HSR

  • Jul 27, 2018
Japanese researchers have calculated that Malaysia could make US$1.589 billion yearly from the Kuala Lumpur-Singapore high-speed rail (HSR) project in 2030, more than double the US$641 million per year Singapore would earn from the project.The study by researchers from Japan's Institute of Developing Economies (IDE) was based on figures derived from using a computer simulation model developed by the institute to assess the HSR's economic impact.The US$1.589 billion figure was the best of five po
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Dr M reiterates KL-S'pore HSR postponed, not scrapped

  • Jul 19, 2018
PARLIAMENT | Prime Minister Dr Mahathir Mohamad has reiterated that the Kuala Lumpur-Singapore High-Speed Rail (HSR) project had been postponed, not scrapped.He said that the project cost will also have to be reduced."We thought we couldn't go ahead with that, but we studied the implications... studied the contract and the cost of it, we decided we have to do it at a later date or we may have to reduce the price."Reduction of the price is very difficult. As far as we can make out, it has to be d
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