It was earlier reported that the HSR would run through the Klang Valley, Negri Sembilan, Melaka and Johor.
Prime Minister Datuk Najib Razak and his Singapore counterpart Lee Hsien Loong gave the nod for the HSR project earlier this year.
The exact cost of the project has not been officially announced but the project is estimated to cost a minimum of RM30 billion. The railway line will cover 330km across the west coast of Peninsular Malaysia, which translates into a cost of about RM91 million per km. Travel time between the two capitals is expected to take 90 minutes.
The HSR, targeted for completion in 2020, will complement the proposed rapid transit system (RTS) link that connects Johor Baru to Singapore's Thomson Line, which is slated for completion by 2019.
YTL Corp's Tan Sri Francis Yeoh, who first mooted the HSR idea several years ago, has publicly indicated his interest in the project.
Tycoon Tan Sri Syed Mokhtar Al-Bukhary is also said to be keen in taking a stab at the project through a consortium comprising his company, MMC Corp, and Gamuda Bhd. The two companies are currently involved in the construction of the first phase of the mass rapid transit project in the Klang Valley.
This article first appeared in The Edge Financial Daily, on July 10, 2013.
Prime Minister Datuk Najib Razak and his Singapore counterpart Lee Hsien Loong gave the nod for the HSR project earlier this year.
The exact cost of the project has not been officially announced but the project is estimated to cost a minimum of RM30 billion. The railway line will cover 330km across the west coast of Peninsular Malaysia, which translates into a cost of about RM91 million per km. Travel time between the two capitals is expected to take 90 minutes.
The HSR, targeted for completion in 2020, will complement the proposed rapid transit system (RTS) link that connects Johor Baru to Singapore's Thomson Line, which is slated for completion by 2019.
YTL Corp's Tan Sri Francis Yeoh, who first mooted the HSR idea several years ago, has publicly indicated his interest in the project.
Tycoon Tan Sri Syed Mokhtar Al-Bukhary is also said to be keen in taking a stab at the project through a consortium comprising his company, MMC Corp, and Gamuda Bhd. The two companies are currently involved in the construction of the first phase of the mass rapid transit project in the Klang Valley.
This article first appeared in The Edge Financial Daily, on July 10, 2013.
