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Monday, June 18, 2018

The KL-SG HSR is terminated officially but the Malaysia government doesn't want to admit it.

https://www.thestar.com.my/business/business-news/2018/06/18/hsr-alternative-for-only-rm20bil/

The Malaysian government said that the KL-SG HSR was postponed but not terminated in its latest statement.  If the KL-SG HSR is not terminated or scrapped, the project specifications will still be the same if this is executed in the future.  However, the Malaysian government is trying to propose a different system on its existing railway.  This is definitely not the same HSR system.

The Malaysian government is trying to avoid paying the $500m ringgit termination fee to SG by tweaking the project specifications.  What's the point for SG to build a HSR for 15km in SG whilst the Malaysian government is using a different system for its 335km?

http://sg-stock.blogspot.com/2018/06/mahathir-is-so-sly-and-flip-flop-to.html

I already knew Mahathir won't go easy on SG and would continue to skin SG alive.

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