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Study to boost the value of future rail network

MALAYSIA will embark on a detailed study this year to see how it can maximise economic and social returns should a decision be made to proceed with the building of a high speed rail (HSR) network in the country. According to MyHSR Corporation Sdn Bhd (MyHSR), the special purpose company to spearhead the project on the Malaysian side, the study is expected to take up to six months. If Malaysia decides to proceed with building a HSR network, it is possible to have as many as four new domestic HSR services, said MyHSR Corp chief executive Datuk Mohd Nur Ismal Kamal at a recent press briefing, following the lapse of a bilateral agreement signed with Singapore on Dec 13,2016 to have a cross border HSR service from Bandar Malaysia to Jurong East, Singapore.

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Cover Story: HSR, AssetsCo and the issue of sovereignty

IN his memoir, From Third World to First, The Singapore Story 1965-2000, Lee Kuan Yew said that before he retired in 1990, he wanted to clear the decks for his successor Goh Chok Tong. One sticky matter was the KTM railway line and land in Singapore. Singapore wanted to move the joint Customs, Immigration and Quarantine (CIQ) checkpoint from where the KTM railway line ended in Tanjong Pagar at the southern tip of the island to Woodlands in the north and close to the Johor-Singapore Causeway. Singapore’s rationale for wanting to move the CIQ to Woodlands was for security reasons, it said, claiming that drugs and smuggled goods were being thrown out of KTM coaches along the route to Tanjong Pagar. But observers have long said that the reason was much bigger than that it was a question of sovereignty.

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Compensation for HSR lower than SD270 million

KUALA LUMPUR: The Kuala Lumpur-Singapore High-Speed Rail (HSR) project was cancelled after Malaysia and Singapore failed to reach an agreement on changes to explore cost-reduction options following the suspension expiry on Dec 31 last year, project owner MyHSR Corp Sdn Bhd said.

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EDGE WEEKLY: HSR, AssetsCo and the issue of sovereignty

EDGE WEEKLY: HSR, AssetsCo and the issue of sovereignty
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Singapore to submit HSR claims by month end

Singapore to submit HSR claims by month end Ayisy Yusof © Provided by New Straits Times An artist’s impression of the Iskandar Puteri High-Speed Rail station in Johor Baru, which was part of the Kuala Lumpur-Singapore HSR project. -NSTP/File pic KUALA LUMPUR: Malaysia is likely to receive submission from Singapore on the amount of compensation for the termination of the Kuala Lumpur-Singapore High-Speed Rail (HSR) project by the end of this month. Project owner MyHSR Corp Sdn Bhd stressed that the compensation would not be punitive and the termination arrangements were part of the bilateral agreement between Malaysia and Singapore.

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