Singapore and Malaysia will ink the MOU for the HSR project in mid-2016.
Malaysia’s Prime Minister Najib Razak announced on Tuesday, 12 April, that the memorandum of understanding (MOU) for the Singapore-Kuala Lumpur High Speed Rail (HSR) project is expected to be signed in the middle of this year, reported Channel NewsAsia.
He revealed this information during the ongoing Invest Malaysia Kuala Lumpur conference.
Meanwhile, a spokesman from Singapore’s Ministry of Transport shared that both countries plan to hold the signing ceremony at the next Leaders’ Retreat, which will be held in Malaysia.
The large-scale infrastructure project was first announced by Prime Minister Lee Hsien Loong and Mr Najib at the Singapore-Malaysia Leaders’ Retreat in 2013.
Subsequently, it was divulged last May that the terminus for the Singapore stretch of the project would be built on land currently occupied by the Jurong Country Club. Construction work is scheduled to begin in 2017, with completion targeted by 2022, said Malay Mail Online.
Once complete, the HSR project is expected to shorten the travel time between Singapore and Kuala Lumpur to just 90 minutes. It currently takes nearly four hours to travel between the two cities by car, around five hours by express coach, and up to eight hours by train.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
