KUALA LUMPUR: The government will proceed with the Kuala Lumpur-Singapore High-Speed Rail (HSR) infrastructure project.
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, in tabling the 2021 Budget in the Dewan Rakyat today, however said the implementation of the project was subject to discussions with Singapore.
"The government will continue the HSR project as this project is expected to generate a positive multiplier effect to the country's economy," he said.
It was reported that International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali had said the Malaysian and Singaporean governments had agreed to resume discussions on HSR project.
The discussions, he had said, would encompass some of the proposed changes in the commercial and technical aspects of the project.
He had added that the decision was reached after both sides had mutually agreed to extend the deferment of the Kuala Lumpur-Singapore HSR project to Dec 31, 2020.