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KUALA LUMPUR – Malaysia 's Economic Affairs Minister Mohamed Azmin Ali said on Wednesday (July 18) the government' s estimated RM110 trillion (S $ 37 billion) price tag for the High Speed Railway (HSR)
Najib Razak and train transport minister Wee Ka Siong over how the Pakatan Harapan (PH) government arrived at the RM110 trillion
The previous Barisan Nasional administration had insisted the HSR project would cost RM72 billion, but the government said it was closer to RM110 billion.
Datuk Seri Azmin said in parliament on Wednesday. 19659002] "The cost that Ayer Hitam Raised RM55 billion but did not disclose to the public So Pakatan Harapa n (PH) government is disclosing the entire cost of the project, "Mr Azmin said, referring to Mr Wee's Ayer Hitam parliamentary seat.
" We need to ascertain whether the government can afford this project under the current economic situation. "
Mr Azmin told the parliament that the entire cost of the HSR was estimated to be RM110 trillion.
To form first Najib, who to get his Pekan (Pahang) parliamentary seat at the May 9 general election, also questioned the RM110 billion price tag, saying that the international tender will close on December 28, and therefore the cost of the project is not yet known.
"We do not know how much will it be? If it is an international tender, it will be very competitive. How can the minister state that the price is so small? "Said Najib.
He also asked Mr Azmin how many jobs would be lost if the project is canceled.
Mr Azmin said that the costing was done by his ministry and the Ministry of Finance and it was "just costing" at the time.
"Of course, it will be some savings. This is why from the beginning, Pakatan Harapan has always asked for help via open tender, "he said.
Prime Minister Mahathir Mohamad had previously announced that he would scrap the HSR project – inked by the previous Najib- admin Administration – But later backtracked to say that the bargain is not postponed.
Finance Minister Lim Guan Eng told The Straits Times in a recent interview that the government had received a large amount of money. of the project's Malaysian segment was "exorbitant."
Singapore said it had been unjustly delayed, but it had been delayed.
Singapore has so far gone $ 250 million in costs on the project, with a further $ 40 million needed by the end of the year
Mr. discusses the fate of the HSR project.
He said that it was intended to meet the requirements of the United States of America.
"The HSR agreement permits either side to cancel the project, subject to the terms of the contract. I wish to emphasize that any agreement must be fair and just to both parties, "said Mr Azmin in his reply to a question from Umno MP Ahmad Hamid Zahid.
" I will lead a delegation to Singapore soon to hold talks to reach An agreement with the Singapore government for a fair solution, which he said, "he said.
" The Attorney-General according to the law and bilateral talks. Based on the Attorney-General's advice we are studying all options available, "Mr. Azmin said.
He did not give a date for the future of the future. 19659002] He did not rule out the possibility of the project continuing.
"I am not saying it is a terrible project. The best solution is for both sides to the best of the world. I do not want to exclude the possibility (that the HSR is still on), "he told reporters."
"We have to meet as soon as possible."
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