KL, S’pore defer high-speed rail project by 2 yrs | 2018-09-06 | daily-sun.com

KL, S’pore defer high-speed rail project by 2 yrs

6 September, 2018 12:00 AM printer

PUTRAJAYA: Singapore and financially-strapped Malaysia agreed Wednesday to defer plans to build a high-speed railway between the two countries by two years, ending months of uncertainty over the project, reports AFP.

The fate of the bullet train line has been in doubt since May when newly elected Malaysian Prime Minister Mahathir Mohamad announced plans to review major infrastructure projects approved by his scandal-tainted predecessor in a bid to cut the country’s debt.

Malaysian Economic Minister Azmin Ali and visiting Singapore Transport Minister Khaw Boon Wan exchanged legal documents on the amended deal at a ceremony in the administrative capital Putrajaya.

A joint Malaysia-Singapore statement issued after the ceremony said the project would be suspended until the end of May 2020, with plans to commence the service on January 1, 2031.