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Home > News > World News > Article > Malaysia to cancel high speed rail project with Singapore

Malaysia to cancel high speed rail project with Singapore

Updated on: 28 May,2018 08:19 PM IST  |  Kuala Lumpur
IANS |

Mahathir made the remarks at a press conference, saying it was "a final decision" to cancel the project, but Malaysia still had to talk to Singapore over a penalty concerning the withdrawal, Xinhua news agency reported

Malaysia to cancel high speed rail project with Singapore

Mahathir Mohamad
Mahathir Mohamad


Malaysian Prime Minister Mahathir Mohamad on Monday said that he will drop the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) project, as part of his efforts to restore the financial health of the country.


Mahathir made the remarks at a press conference, saying it was "a final decision" to cancel the project, but Malaysia still had to talk to Singapore over a penalty concerning the withdrawal, Xinhua news agency reported.


Mahathir said the penalty was around 500 million ringgit ($126 million). In an interview with the Financial Times earlier, he called KL-SG HSR as one of the "unnecessary projects".

To control public spending, he also introduced a 10 per cent pay cut for his Cabinet ministers, abolished some organisations and vowed to terminate the contracts of some 17,000 public employees.

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