Malaysia is committed to continuing with the High Speed Rail (HSR) project after its two-year suspension ends in May 2020.
Both Malaysia and Singapore have agreed to suspend the project and on the reimbursement amount, for which the Malaysian government will reimburse Singapore S$15mil (RM45.1mil).
“I don’t think I want to jump to a conclusion because the agreement signed (on the suspension) clearly states our commitment to continuing with the project after May 2020,” said Economic Affairs Minister Datuk Seri Azmin Ali at a press conference with Singapore’s Transport Minister Khaw Boon Wan.
The two Ministers signed and exchanged documents to vary the HSR Bilateral Agreement, with the terms based on an understanding between the new Pakatan Harapan administration and Singapore.
With the new agreement, the HSR service is expected to start by 1st January 2031 instead of 31st December 2026, as planned earlier.
Prime Minister Tun Dr Mahathir Mohamad and Singapore Deputy Prime Minister Teo Chee Hean witnessed the signing at the Prime Minister’s Office.