RM110b HSR Bill includes all "hidden costs"

KUALA LUMPUR – Estimated cost of RM 110 billion for the high-speed train between Malaysia and Singapore (MYHSR) Economic Affairs Minister, Datuk Seri Azmin Ali, told the parliament today

Azmin also accused the previous Barisan Nasional government of having concealed its previous claims according to which project would cost between 55 RM The cost that Ayer Hitam reported was 55 billion RM, but among many things, there were hidden costs that the previous government had not disclosed to the public. Thus, the government of Pakatan Harapan (PH) reveals the total cost of the project

"We must see if the government can afford this project in the current economic situation."

He added that Putrajaya will discuss with Singapore

The vice president of MCA Wee asked Azmin to indicate how the government of Pakatan Harapan arrived at the figure of 110 billion RM as opposed to the cost previously projected by BN

previously the former Prime Minister Datuk Seri Najib Razak (Pekan) also disputed the accuracy of the figure by pointing out that the process of international bidding does not make any difference. was not finished yet.

"The fact is that the international bidding call for the project will only be closed on December 28th of this year, so we do not know how much the project will cost us and we know that it will not go down. it is an international bidding call, it will be very competitive.

"We will give loans at rates of 0 or 0.1 percent." I want to know, how can the minister state that the price is RM 110 billion when the bidding call is not over yet, "asked Najib, the finance minister who oversaw the transaction. The estimate of the total cost of the project and the decision of the government were based on the advice given by the Chambers of the Attorney General.

He then took a look at Najib and opposition leader Datuk Seri Ahmad Zahid Hamidi who raised the issue. The Prime Minister seems to be more effective in playing the role of the Prime Minister.

-Malay Mail