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PETALING JAYA: The Kuala Lumpur-Singapore high-speed rail (HSR) project was completed after Malaysia and Singapore were unable to agree on the proposed changes.
Prime Minister Tan Sri Muhyiddin Yassin and Singaporean Prime Minister Lee Hsien Loong, in a joint press release, said that the Malaysian government had proposed several changes to the HSR project in light of the impact of the Covid-19 pandemic on your economy.
“Both governments had held various discussions regarding these changes and had not been able to reach an agreement. Therefore, the HSR Agreement had expired on December 31, 2020.
“Both countries will comply with their respective obligations and will now proceed with the necessary actions, resulting from this termination of the HSR Agreement.
“Both countries remain committed to maintaining good bilateral relations and cooperating closely in various fields, including strengthening connectivity between the two countries,” the statement read on Friday (January 1).
In December 2016, both countries signed an agreement to carry out the HSR project.
In September 2018, both governments agreed to suspend construction of the project until May 31 this year to find the best way forward.
In May, both governments agreed to extend the postponement of the ISS until December 31.
The Malaysian government had been reviewing the project with MyHSR Corp to identify cost reduction options such as station locations and business models.
The HSR was expected to be operational by 2026 and was expected to reduce the travel time between Kuala Lumpur and Singapore to just 90 minutes.
The HSR line would have been 350km long, 335km in Malaysia and 15km in Singapore.
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