29 Oct '14, 11pm

Singapore-Kuala Lumpur bullet train may miss 2020 deadline:

Singapore-Kuala Lumpur bullet train may miss 2020 deadline:

Malaysia said the high-speed rail link between Kuala Lumpur and Singapore may miss a 2020 deadline even after using government land as much as possible to avoid property-acquisition disputes. The project may take six to seven years to complete once construction starts by 2016, Land Public Transport Commission Chairman Syed Hamid Albar said in an interview yesterday. The agency has been “inundated” with proposals to participate, including those from French, Japanese, Chinese and German companies, he said. “It’s not as expensive as we thought it would be at the start,” said Syed Hamid, whose commission is preparing a feasibility study. While he declined to give the estimated cost of the development, Malayan Banking Bhd. economist Suhaimi Ilias said it may be as much as 40 billion ringgit ($12.2 billion). The proposed rail line will reduce the 300-kilometer (180-mile) journey...

Full article: http://www.bloomberg.com/news/2014-10-28/singapore-kuala-...

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