KUALA LUMPUR: The 300km high-speed rail project linking Kuala Lumpur and Singapore will cost between RM20 billion and RM30 billion.
The final figure will be known after a feasibility study is completed at the end of the year by the Land Public Transport Commission (SPAD).
A source said: “The rail network is expected to cut travel time between Kuala Lumpur and Singapore from six hours to 90 minutes. This will require trains travelling at 250kph.
“The project is important for Malaysia as the same alignment can carry freight during off-peak hours.”
Germany’s Siemens proposed the use of its Velaro trains, which have a top speed of 350kph.
“The no-go decision on the project has not been reached. If it is given the go-ahead, we will solicit bids to come up with the best choice for the government. We don’t want them to depend on government funds.”
The government’s Economic Transformation Programme highlighted the rail network as a high-impact project.
UEM Group-Hartasuma, China Infraglobe Consortium-Global Rail and YTL Corp have made presentations on the project to the National Key Economic Area laboratory.