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September 11, 2013

Malaysia to invest $49bn in rail schemes

Malaysia is planning to spend MYR160 ($49bn) on rail-related programmes, including a high-speed service to Singapore, by 2020.

By admin-demo

Kelana Jaya light rail

Malaysia is planning to spend MYR160 ($49bn) on rail-related programmes, including a high-speed service to Singapore, by 2020.

Malaysian Prime Minister Datuk Seri Mohd Najib Razak, speaking to reporters at Rail Business Asia 2013, said that the move is part of the government’s plan to improve urban public transportation under a dedicated National Key Results Area.

"Now, more than ever, we are seeing a massive expansion of the rail network in Asia, including in Malaysia," Najib said.

The funds will primarily be used for the three lines of the mass rapid transit (MRT) system that are estimated to cost between MYR80bn ($24.4bn) and MYR90bn ($27.5bn), along with the Malaysia-Singapore high speed railway, the planning for which is still to be finalised.

If built, the 330km Malaysia-Singapore high-speed rail link would reduce the rail commuting time between the two countries to around 90 minutes.

Malaysia’s rail transformation began in 1990, when the country announced the construction of the Kelana Jaya light rail line, one of the world’s longest driverless metro systems.

Since 1990, the government had invested more than MYR50bn ($15bn) in rail projects.


Image: Malaysia has spent more than $15bn on rail projects since 1990, and plans a massive investment boost by 2020. Photo courtesy of Yosri.

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