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Government of Malaysia pays compensation for Kuala Lumpur–Singapore HSR project [free access]

March 29, 2021

The Government of Malaysia has paid USD76.3 million (SGD102.81 million) as compensation to the Government of Singapore for the Kuala Lumpur–Singapore high speed rail (HSR) project. The amount represents the full and final settlement in relation to the termination of the bilateral agreement. The project was terminated in early 2021 as both the countries were unable to reach an agreement on an extension of the project after Malaysia sought changes due to the economic impact of the Covid-19 pandemic. The HSR line was proposed to connect Kuala Lumpur and Jurong East in Singapore by January 2031. It was planned to span 350 km and to reduce the end-to-end journey time to 90 minutes. The project cost was estimated at around USD17 billion.