Guan Eng: Offers received to halve cost of HSR


The appointment letter, as noted in a Bursa Malaysia filing by YTL, has set out the terms and conditions for the appointment of YTL THP JV Sdn Bhd to undertake civil infrastructure works in the southern portion of the HSR

PETALING JAYA: The Malaysian government has received offers to halve the cost of the high-speed rail (HSR) project.

This is following Prime Minister Tun Dr Mahathir Mohamad’s announcement that construction works for the 350km line would be postponed in light of the national debt of RM1 trillion.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , HSR , cost , offers , halve , Guan Eng , KL-Singapore , Malaysia ,

   

Next In Business News

China home prices fall at a slower pace in November
Shandong’s green expressway sets example for others
Trump considers privatising US Postal Service, report says
Unexpected slowing in November consumption
Yinson’s FPSO fleet poised for progress
Massive interest burden haunts EM debt pile
Italy’s Meloni pledges financial discipline amid budget debates
Vietnam needs US$14bil for EV charging stations
Private banks boost Hong Kong hiring to woo rich Chinese clients
Open global trade is only way to feed the world, WTO chief says

Others Also Read