PETALING JAYA (Oct 14): The study on the proposed Kuala Lumpur-Iskandar Puteri High Speed Rail (HSR) project has been done and is set to be submitted to the Cabinet, economic affairs minister Mustapa Mohamed revealed in a FMT report today.
We’re just waiting for it to be submitted to the Cabinet,” Mustapa said during a question-and-answer session at Invest Malaysia 2021 today.
He added that another proposal to link the HSR to Bangkok, Thailand was at a “very early” stage.
Mustapa also touched on the MRT3 project which had “received several proposals and presentations”.
He explained during the session that there had been proposals for MRT3 “to be constructed on a moderate basis given the government’s current financial position”, adding that the government would try to minimise cost by “helping out in terms of land acquisition, support loans and government guarantees”.
“For these two projects, like MRT3 for example, the need is there. We’re now at about 20% in usage of public transport, which is very low for a country at this level of development.
“We aspire to go to 40% or 50% and, if possible, beyond that. This is also very important in terms of sustainable development,” Mustapa said in the news portal’s report.
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