No One Has Their Hands on KL-Singapore HSR Yet

14 Sep 2017

MyHSR Corp Sdn Bhd CEO Mohd Nur Ismal Mohamed Kamal clarified reports that the Kuala Lumpur-Singapore high-speed rail (HSR) project is already in the bag, saying that the rail project is “wide open” to all.

In fact, both Singapore and Malaysia are set to select the project’s builder based on merits from a tender to be opened in December, revealed Mohd Nur Ismal.

The two countries are expected to hold a second industry briefing on 26 September in London to share updates regarding the HSR project.

The briefing comes as a response to queries from the industry after the first briefing in July.

Forty percent of the participants at the first briefing came from Europe, 20 percent from Malaysia, 15 percent from Singapore, 10 percent from Asia, another 10 percent from North America, and five percent from Australia.

Meanwhile, a Bernama report revealed that the HSR project is expected to bring in RM21 billion in gross domestic product (GDP) to Singapore and Malaysia, while creating around 111,000 jobs by 2060.

Notably, the HSR is expected to provide a significant socio-economic benefits to the two countries via a comprehensively inclusive plan, said Land Public Transport Commission (SPAD) CEO Mohd Azharuddin Mat Sah in his opening address at the 4th International Summit of the HSR Asia 2017.

“The KL-Singapore HSR is a game changer and it will pull isolated regions closer, spur growth and development and help several towns along the way and unleash their hidden potentials by making them highly accessible, not just to tourists, but also to workers and investors.”

Aside from transforming the transportation landscape, he also expects the project to create long-term social and economic benefits to Malaysia.

He noted the pent-up demand for travel between Singapore and Kuala Lumpur, as evidenced by the number of cross-border flights and buses between the two cities.

“Introducing the rail into the equation will offer a competitive option that promises to save not just time but will lead to many other opportunities.”

Image sourced from GCR.


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