Singaporean Transport Minister Khaw Boon Wan (R) and his Malaysian counterpart Anthony Loke during the train project link supplemental agreement signing ceremony on May 21 (Photo: www.todayonline.com)
Hanoi (VNA) – Singapore and Malaysia on May 21 agreed to suspend the construction ofa train project linking the two countries.
In a jointstatement, Singaporean Minister for Transport Khaw Boon Wan and his Malaysiancounterpart Anthony Loke announced that the delay will be until September 30and that Malaysia will pay Singapore compensation for abortive costs.
Loke said thedelay does not mean that the project is terminated. Malaysia wants tore-evaluate it so that this project can be carried out more effectively, henoted.
The suspensionmarks the delay in another project since the new Malaysian government came intopower last year, pledging to tighten finance and review major deals.
Measuring about4 km in length, the subway line linking Woodlands of Singapore and Johor Bahruof Malaysia is designed to carry up to 10,000 passengers per hour in eachdirection. The project was estimated to cost around 1 billion USD and completeat the end of December 2024.
The neighbouringcountries last year also suspended a high-speed rail project linking Singaporeto Malaysia's capital of Kuala Lumpur, which analysts estimated to cost around 17billion USD.-VNA
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