September 5, 2018 / 7:44 AM / 16 days ago

Malaysia and Singapore agree to defer high speed rail link construction to 2020

KUALA LUMPUR, Sept 5 (Reuters) - Malaysia and Singapore on Wednesday agreed to suspend the construction of a high speed rail link between the two countries until May 2020.

Both the countries have called off a joint tender for the project, according to a joint statement.

Malaysia will pay Singapore about S$15 million for the deferment of the high speed rail project, Malaysia’s economic affairs minister Azmin Ali told a press conference.

Reporting by Liz Lee; writing by A. Ananthalakshmi Editing by Shri Navaratnam

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