News About hsr

M'sian govt must 'pay price' for axing infra project deals, says China daily
PETALING JAYA (June 1): The Malaysian government must pay compensation if it decides to cancel its infrastructure projects involving Chinese funding and contractors, warned Chinese daily Global Times.

UEM Sunrise to reconsider plans for Gerbang Nusajaya
KUALA LUMPUR (June 1): UEM Sunrise Bhd, which had in January engaged London-based Atkins as the master planner for Gerbang Nusajaya’s transit-oriented development (TOD) plot, will reconsider its plan following the government’s decision to scrap the Kuala Lumpur-Singapore high-speed rail (HSR) project.

Signing of documents between MRCB-Gamuda and MyHSR cancelled
KUALA LUMPUR (June 1): The signing of documents between the MRCB-Gamuda consortium and MyHSR Corp Sdn Bhd scheduled for today will not take place following the cancellation of the Kuala Lumpur-Singapore high-speed rail (HSR) project.

HSR axing impact on Iskandar Puteri minimal
PETALING JAYA (May 31): The cancellation of the Kuala Lumpur-Singapore high-speed rail (HSR) project will only have a light impact on Iskandar Puteri’s property market in the medium part, as it is only a positive point to upcoming projects in the region.

Govt to review at least RM10b worth of projects
PETALING JAYA (May 31): The government will review, renegotiate or postpone “high-value” projects that are cumulatively worth RM10 billion, said Finance Minister Lim Guan Eng (pictured).

MP wants smaller transportation projects to replace HSR in JB
KUALA LUMPUR (May 31): A Johor lawmaker is urging the government to install smaller transportation systems in the light of the scrapped Singapore-Kuala Lumpur high-speed rail (HSR) mega project.

综合新闻:铁路交通计划腰斩 各界持不同看法
新政府上任,大举重整国家财务,多项霸级基础设施发展项目遭腰斩,备受瞩目的地铁三号线(MRT3)与马新高铁也难逃喊停命运。

Uncertain outlook seen for Gamuda’s key divisions
Gamuda Bhd (May 30, RM3.18)

The end of HSR ‘not ominous sign for bilateral relations’, say analysts
KUALA LUMPUR (May 31): The move to scrap the Kuala Lumpur-Singapore high-speed rail (HSR) “should not be seen as a move to spite Singapore”, according to analysts who spoke to the daily Today.

Najib defends HSR, could have achieved RM650b in GNI by 2069
The Pekan MP said on his Facebook page that the project could also have created 110,000 jobs at the outset, increasing to 442,000 employment opportunities by the same year.