[ad_1]
The Cabinet studies the costs and other final details
The Malaysian Cabinet approved in principle the Johor Baru-Singapore Liaison Project on the Rapid Transit System (RTS), Malay Mail Online . The project is expected to cost $ 1.34 billion (RM4b) and will run from Bukit Chagar to Johor at Woodlands North Station in Singapore.
However, Malaysian Transport Minister Anthony Loke said the Cabinet was still studying costs and other details. . If the Cabinet approves the project, then Malaysia and Singapore will have to create a Joint Venture (JV) because the RTS involves two separate countries.
He said the project was delayed by two months due to the 14th election (GE14) and the formation of a new government. Despite the delay, the project is expected to be completed in six years by 2024.
The June 30 deadline for the establishment of a joint venture between Prasarana Malaysia Bhd and SMRT Corporation Ltd of Singapore to operate the RTS link would have been missed.
Loke said the federal government would not have to pay compensation in Singapore despite the delay in implementing the RTS project. "The question does not arise because we have not yet signed the agreement, but only with a protocol agreement that demonstrates our commitment, so there is no compensation ", he said
. signed a legally binding agreement to build the link. The transboundary service, scheduled for service at the end of the year 2024, will take place in Johor and on a 25 m high bridge across the straits before reaching Woodlands North in the island republic. .
should carry up to 10,000 passengers per hour in each direction.
Source link
