The highly-anticipated high speed rail (HSR) project which is meant to connect KL and Singapore has now been officially cancelled.
Tun Mahathir announced earlier this week that the reason why the project has been called off is due to its high cost and potentially low profits.
“We need to do away with some of the unnecessary projects, for example the high-speed rail, which is going to cost us RM110bn ($28bn) and will not earn us a single cent. That will be dropped,” Tun Mahathir told Financial Times.
The campaign was initiated by the Economic Transformation Programme as a new means of travel for Malaysians and Singaporeans.
It would’ve been a 90-minute commute and would’ve included 7-8 stations including Seremban, Batu Pahat and Malacca, eventually leading to Jurong East, Singapore.
Based on its schedule, the 250 km-long HSR tracks was set to see a completion timeline of 2026.
It was also said to have a speed of 320km/hour and is comparable to other HSRs around the world.
Feature Image Adapted: PropertyGuru
