News About hsr

CGS-CIMB upbeat on construction sector as HSR project gains traction

By Sufi Muhamad / theedgemalaysia.com Jul 28

KUALA LUMPUR (July 28): CGS-CIMB remained upbeat on the construction sector with an “overweight” call as the KL-Singapore High Speed Rail (HSR) project gains traction.

Over 700 local and foreign industry players attend KL-Singapore HSR briefing

By Anis Hazim / theedgemalaysia.com Jul 28

KUALA LUMPUR (July 27):  The  Kuala Lumpur-Singapore High Speed Rail (KL-SG HSR) request for information (RFI) briefing on Thursday (July 27) attracted over 700 representatives from local and international companies, as well as foreign missions, said MyHSR Corp Sdn Bhd.

RHB Research's optimism on Iskandar property market grows as market moves past property glut

By Kayla Chan / theedgemalaysia.com Jul 25

KUALA LUMPUR (July 24): RHB Research is growing more positive on the prospects of the Iskandar Malaysia property market in Johor, as it believes that the market has moved past the "Forest City scare" or supply glut from the massive mixed-use development, thanks to incoming infrastructure developments.

Plaintiff has no legal standing to sue over HSR termination, says govt

By Tarani Palani / theedgemalaysia.com Jul 17

KUALA LUMPUR (July 17): The government is seeking to strike out a lawsuit revolving around the cancellation of the RM110 billion High-Speed Rail (HSR) project between Malaysia and Singapore, on the grounds that public policy decisions are a non-justiciable matter in any court and plaintiff Mohd Hatta Sanuri has no legal right to initiate the suit.

Sungai Buloh mall, HSR revival seen as catalysts for KLK Land's future earnings

By Hailey Chung / theedgemalaysia.com Jul 14

KUALA LUMPUR (July 14): Kuala Lumpur Kepong Bhd's (KLK) property arm is expected to contribute higher earnings to the group in three years, due to future launches and sales at its Bandar Seri Coalfields (BSC) retail mall, while the revival of the Kuala Lumpur-Singapore High Speed Rail (HSR) may be a boon to its Johor developments, said Maybank Investment Bank.

Putrajaya wants revived KL-Singapore HSR to be fully funded by private sector

By Izzul Ikram / theedgemalaysia.com Jul 13

KUALA LUMPUR (July 12): Given the hefty debt on the government's shoulders, the revived Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) project is expected to be fully funded and driven by the private sector, according to MyHSR Corp Sdn Bhd.

MyHSR Corp seeks concept proposals for KL-Singapore HSR

By Priyatharisiny Vasu / theedgemalaysia.com Jul 11

KUALA LUMPUR (July 11): MyHSR Corporation Sdn Bhd (MyHSR Corp) is seeking concept proposals from local and international firms and consortia to develop and operate the Kuala Lumpur-Singapore High Speed Rail (KL-SG HSR) project via a public-private partnership model.

MyHSR Corp appoints Fauzi Abdul Rahman as new chairman

By Chester Tay / theedgemalaysia.com Jun 26

KUALA LUMPUR (June 26): MyHSR Corporation Sdn Bhd (MyHSR Corp) has appointed Datuk Seri Fauzi Abdul Rahman (pictured) as its new non-executive chairman, effective last Thursday (June 22).

Malaysia’s connectivity back on track and moving forward with VTL, ECRL and HSR

By Bernama Mar 11

KUALA LUMPUR (Dec 13): Seamless connectivity is among the major pillars of a country’s economy and Malaysia’s government has not left any stone unturned in ensuring its progress although there have been some hiccups along the way as the country fought to curb the spread of Covid-19.
 
A major milestone this year in terms of connectivity was the reopening of the land Vaccinated Travel Lane (VTL-Land) between Johor and Singapore through the Causeway, which is one of the busiest border crossings in the world. The 97-year old Causeway, also known as Tambak Johor, had been closed to 400,000-odd travellers daily since mid-March 2020 to curb the spread of the Covid-19 virus.
 
The VTL-Land was jointly launched by Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob and his Singapore counterpart Lee Hsien Loong at the Woodlands checkpoint on Nov 29, 2021.
 
The initial stage of VTL-Land will be only limited to bus transportation with not more than 1,500 travellers daily, while other modes of land transportation will be included in stages with the daily quota of travellers to be increased on a weekly basis.
 
Both countries also agreed to expand the VTL-Land to include additional bus service routes through the Second Link, trains operated by Keretapi Tanah Melayu Berhad (KTMB), and gradually to include personal vehicles such as motorbikes and cars.
 
At the same time, the government is also working on expanding the VTL initiative to neighbouring countries in an effort to restore the transportation industry in the country.
 
HSR back on track
The revival of the terminated Kuala Lumpur-Singapore High Speed Rail (HSR) project came as a surprise as in March this year, Malaysia announced that it had paid S$102.8 million (RM317.65 million) to Singapore as compensation for the terminated project.
 
However, during the recent visit to Singapore, Prime Minister Datuk Seri Ismail Sabri Yaakob had suggested reviving discussions on the HSR project.
 
Singapore Prime Minister Lee Hsien Loong responded by saying the republic is open to fresh proposals from Malaysia and that Singapore looks forward to receiving more details from Malaysia.
 
The progress on this is something to watch out for in 2022.
 
As for the Johor Bahru-Singapore Rapid Transit System (RTS) Link project, the construction of the project is ongoing, and both countries look forward to the system commencing passenger services by end of 2026.
 
The RTS Link is a 4km cross-border rail project that links the Singapore terminus at the Woodlands North station to the Malaysia terminus in Bukit Chagar, Johor Bahru.
 
It will support a peak capacity of 10,000 passengers per hour in each direction.
 
ECRL taking shape 
After much debate, the Selangor government agreed on Dec 2, 2021 to accept the proposed northern alignment of the East Coast Rail Link (ECRL) project and approve
the ECRL Section C alignment, which involves Section C1 from Mentakab to Gombak and Section C2 which covers Gombak-Serendah-Port Klang.
 
The 665km rail network, which includes 59 tunnels with a total length of 61 km, as well as several flyovers with a total length of 127 km, is estimated to cost RM50.27 billion.
 
According to the Transport Ministry on March 9,  the project has been further enhanced by extending the original alignment of 640 km to 665 km for a more efficient rail alignment system.
 
The ECRL is scheduled for completion in December 2026, it had reached a progress rate of 25.09% as of October this year.
 
KVDT2 uncertainty
The outlook of the Klang Valley Double Tracking Phase 2 (KVDT2) project remains hazy. The termination of the contractor Dhaya Maju-LTAT Sdn Bhd was made by the Cabinet on Aug 28 and Sept 2 last year.
 
On July 26, 2021, Dhaya Maju LTAT Sdn Bhd was granted an “Erinford injunction” to restrain KTMB from taking any further steps against revoking the construction company's license to occupy the project site.
 
An Erinford injunction is a specific court order to prevent or compel a party to do a specific act to preserve the status quo pending the conclusion of an appeal. 
 
Transport Minister Datuk Seri Wee Ka Siong, however, said the project can be completed by 2026, as stated in the 12th Malaysia Plan (12MP).
 
Wee said that it could be achieved with careful planning and the cooperation of all parties involved, including local councils and the companies involved in the project.
 
Pan-Borneo Sabah, Sarawak progressing
Meanwhile, the work progress of the 12 packages in the implementation of Phase One of the Sabah Pan Borneo Highway project was at 62% as of last October, covering a distance of 706 km which was divided into 35 packages.
 
On Nov 6, the Prime Minister also launched the Sabah Eastern Zone Pan Borneo Highway for the Sandakan-Kinabatangan-Beluran-Telupid alignment that stretches 58 km and involves three work packages worth RM877 million. 
 
The government is also scrutinising several proposals to speed up the implementation of the remainder of Phase One of the Sabah Pan Borneo Highway, covering 19 work packages.
 
As for Sarawak Pan Borneo Highway, the federal government has assured that the construction of Phase Two of the Sarawak Pan Borneo Highway from Pujut to Lawas would be continued.
 
The construction of the second phase of the mega project had previously been approved by the Federal Government under Barisan Nasional but was cancelled when the Federal Government changed hands after the 2018 general election.
 
On Dec 4, the 33.65 km Serian Section alignment was fully completed, which involved upgrading the existing federal road from Bulatan Serian to Balai Ringin at a total cost of RM700 million.
 
It is part of the Work Three Package of the Pan Borneo Highway project from Bulatan Serian to Simpang Pantu involving a total length of 75.02 km. 
 
Sabah to modernise rail service
The transportation system hit another milestone with efforts to implement a sky train project to modernise Sabah’s rail services, connecting areas in Kota Kinabalu. 
 
According to Deputy Chief Minister Datuk Seri Bung Moktar Radin on March 11, the project, however, was still in the planning stage although interested investors have been identified and a series of discussions have been carried out.
 
12MP to provide seamless transportation infrastructure
Under the 12MP, the government would be implementing strategies to improve the overall accessibility of public transport and encourage a behavioural shift from private to public transport.
 
Rail and road networks would also be integrated to provide better connectivity between airports, ports, industrial areas, and cities, and at the same time, the ECRL will be connected to the current rail system.
 
The move aims to provide connectivity to existing airports and complement road networks in the east coast region while increasing land public transport ridership, air passenger volume, and cargo movement.
 

Muhyiddin: Set up private consortium for HSR, no need to wait for Singapore

By Ahmad Naqib Idris / theedgemarkets.com Dec 20

KUALA LUMPUR (Dec 20): Tan Sri Muhyiddin Yassin has said Malaysia does not have to wait for Singapore to be involved in the high-speed railway (HSR) project, and mooted the set-up of a private consortium which will be responsible for the entire implementation of the project.