Japan firms opt out of Malaysia-Singapore high-speed rail project

[realDonaldTrump]

Japan firms opt out of Malaysia-Singapore high-speed rail project​

https://www.japantimes.co.jp/news/2024/01/11/japan/japan-firms-opt-out-rail-malaysia-singapore/

KUALA LUMPUR – Japanese firms have decided to drop their plans to get involved in a high-speed rail project connecting Kuala Lumpur and Singapore, government and company sources said Thursday.

The companies, including East Japan Railway, had hoped to utilize Japan's shinkansen system in the project but they have decided it will be too risky without the Malaysian government's financial support, said the sources, including those at the Japanese and Malaysian governments.

The development could allow rival Chinese businesses to further solidify their footprint in infrastructure building in East Asia after they completed a high-speed railway in 2023 in Indonesia and are currently building another in Thailand.

Next Monday is the deadline for submitting a bid. The Malaysian government started soliciting bids in July 2023.

The project is expected to cost 100 billion ringgit ($21 billion) but the Malaysian government intends to promote it through private financing rather than by government spending or extending debt guarantees.

 

[millim6868]

All politics, Malaysia are kumlan again as China will be doing it, n Malaysians will be like a dog with a lease hold by china , can screw as many jiuhu bu as they ones

 

[realDonaldTrump]

For singapore, we just need MRT/RTS with higher frequencies to enter malaysia.

Malaysia wants us to foot the bulk of bill for high-speed rail all the way to KL. Such projects will usually exceed budget. Current cost of 100billion ringgit is like 3000ringgit per malaysian citizen

 

[blackmore]

For singapore, we just need MRT/RTS with higher frequency to enter malaysia.

Malaysia wants us to foot the bulk of bill for high-speed rail all the way to KL. Such projects will usually exceed budget. Current cost of 100billion ringgit is like 3000ringgit per per pax

Always the case ,mudland love to sponge on sinkieland. Whole thing is for sinkies convenience and they know we need it more then them.

 

[congo9]

Kns .
Government don't want to guarantee. They want Pte sector to guarantee. Smart government they start to think.

 

[realDonaldTrump]

Always the case ,mudland love to sponge on sinkieland. Whole thing is for sinkies convenience and they know we need it more then them.

After the completion of the high-speed rail:-

• Local-born Singapore will lose more jobs
• Wage upside will be subdued
• Cheaper KTV gals.

 

[realDonaldTrump]

RTS will also change our local sex scene.

Friend's father every weekend go JB for fucks. $150 in Singapore, RM200-250 in Malaysia, same standard.
$600-800 overnight in Singapore, RM1000-1200 in Malaysia.

 

[laksaboy]

Better to opt out of anything related to the Tiongs now. Learn to read the geopolitical winds.

 

[Patriotmissile]

Japanese are not stupid.

 

[tobelightlight]

Better to opt out of anything related to the Tiongs now. Learn to read the geopolitical winds.

Exactly. Dun really want to use the train too. Dun feel safe.

 

[laksaboy]

Exactly. Dun really want to use the train too. Dun feel safe.

It's fun to travel on the KTM train. Used to be amazing travelling up north to Malaysia from the Tanjong Pagar railway station. You could see the road crossings and the kampung-like sceneries at Upper Bukit Timah, Choa Chu Kang and Kranji areas. 7 or 8 hours to reach KL.

 

[Loofydralb]

I hope they don't build it. SG will just leech off it's benefits.

 

[syed putra]

Better for japan to consider building a bridge from kukup to pulau karimun kecil and then on to sumatra mainland, mpre destintions for sinkie to drive for their holidays.trans sumatra highway under construction. Should be ready fro, aceh to lampung when bridge is completed.

 

[blackmore]

After the completion of the high-speed rail:-

• Local-born Singapore will lose more jobs
• Wage upside will be subdued
• Cheaper KTV gals.

Yet MY ladies cant fight with ATB/Siambu/Vietbu; they literally monopolised our market

 

[realDonaldTrump]

China Railway Construction, China Communications Construction and the Export-Import Bank of China - strong candidate for the shortlist, given its financing scheme.
https://asia.nikkei.com/Business/Tr...s-ambitious-high-speed-rail-plan-amid-hurdles

KUALA LUMPUR/SINGAPORE -- Malaysia is reviving a plan to build the country's first high-speed railway connecting its capital of Kuala Lumpur to neighboring Singapore after the two governments failed to reach an agreement on an earlier version of the project.

The first seven proposals submitted recently by the private sector include bids from consortiums led by state-owned China Railway Construction; South Korea's Hyundai Rotem, a Hyundai Motor unit focused on railways and defense; and local conglomerates such as MMC, Gamuda, YTL, WCT Holdings and Berjaya, according to people familiar with the matter.

Malaysian Prime Minister Anwar Ibrahim has said the government will not fund the project, and is instead seeking privately backed proposals. Due to the country's financial constraints, the government favors proposals with "comprehensive financing," an official told Nikkei Asia.

During the initial review of the private-sector proposals, the Chinese consortium consisting of China Railway Construction, China Communications Construction and the Export-Import Bank of China, was seen as a strong candidate for the shortlist, given its financing scheme, sources said.

 

[realDonaldTrump]

China Railway Construction, China Communications Construction and the Export-Import Bank of China - strong candidate for the shortlist, given its financing scheme.
https://asia.nikkei.com/Business/Tr...s-ambitious-high-speed-rail-plan-amid-hurdles

KUALA LUMPUR/SINGAPORE -- Malaysia is reviving a plan to build the country's first high-speed railway connecting its capital of Kuala Lumpur to neighboring Singapore after the two governments failed to reach an agreement on an earlier version of the project.

The first seven proposals submitted recently by the private sector include bids from consortiums led by state-owned China Railway Construction; South Korea's Hyundai Rotem, a Hyundai Motor unit focused on railways and defense; and local conglomerates such as MMC, Gamuda, YTL, WCT Holdings and Berjaya, according to people familiar with the matter.

Malaysian Prime Minister Anwar Ibrahim has said the government will not fund the project, and is instead seeking privately backed proposals. Due to the country's financial constraints, the government favors proposals with "comprehensive financing," an official told Nikkei Asia.

During the initial review of the private-sector proposals, the Chinese consortium consisting of China Railway Construction, China Communications Construction and the Export-Import Bank of China, was seen as a strong candidate for the shortlist, given its financing scheme, sources said.

1MDB-II

 

[Rabbit7]

Japan firms opt out of Malaysia-Singapore high-speed rail project​

https://www.japantimes.co.jp/news/2024/01/11/japan/japan-firms-opt-out-rail-malaysia-singapore/

KUALA LUMPUR – Japanese firms have decided to drop their plans to get involved in a high-speed rail project connecting Kuala Lumpur and Singapore, government and company sources said Thursday.

The companies, including East Japan Railway, had hoped to utilize Japan's shinkansen system in the project but they have decided it will be too risky without the Malaysian government's financial support, said the sources, including those at the Japanese and Malaysian governments.

The development could allow rival Chinese businesses to further solidify their footprint in infrastructure building in East Asia after they completed a high-speed railway in 2023 in Indonesia and are currently building another in Thailand.

Next Monday is the deadline for submitting a bid. The Malaysian government started soliciting bids in July 2023.

The project is expected to cost 100 billion ringgit ($21 billion) but the Malaysian government intends to promote it through private financing rather than by government spending or extending debt guarantees.

What does the Reader of this think,..?

1. Japan pulls out because they know that the tendering exercise will be futile. MY is already behodden to China ...MY may use Japan's Tender information to feed to the Chinese - Technology Theft.

2. The Corruption Culture in in Msia, is it True that Corrupt, Pre-Negotiated Tender Practices abound ( similar to SG) whereby the Tender is more for Show, ..the Real winners have been pre-determined ?

3. The HSR will not happen for the next 10 years.... maybe later.

KL's Vibrancy, Lower but Rising Costs have already and is still pulling many Companies out of SG to KL.

Why Would KL want to send Talents to SG to work, when these migrated-in Companies in KL require Staff, Talents ?
There are many other alternatives to shuttle between KL & SG
The Internet Connections have improved tremendously in Msia - so need for Physical Travel most likely shall drop

SG's only competativeness is the Financial Industry, Yes / No ?

 

[tobelightlight]

Will not take the train.. Sounds dangerous.

 

[Pinkieslut]

Yet MY ladies cant fight with ATB/Siambu/Vietbu; they literally monopolised our market

one belt one road, many chiobus will flood into Sinkieland from Thailand, Laos, Vietnam, Cambodia! Very shiok!

 

[realDonaldTrump]

China Railway Construction, China Communications Construction and the Export-Import Bank of China - strong candidate for the shortlist, given its financing scheme.
https://asia.nikkei.com/Business/Tr...s-ambitious-high-speed-rail-plan-amid-hurdles

KUALA LUMPUR/SINGAPORE -- Malaysia is reviving a plan to build the country's first high-speed railway connecting its capital of Kuala Lumpur to neighboring Singapore after the two governments failed to reach an agreement on an earlier version of the project.

The first seven proposals submitted recently by the private sector include bids from consortiums led by state-owned China Railway Construction; South Korea's Hyundai Rotem, a Hyundai Motor unit focused on railways and defense; and local conglomerates such as MMC, Gamuda, YTL, WCT Holdings and Berjaya, according to people familiar with the matter.

Malaysian Prime Minister Anwar Ibrahim has said the government will not fund the project, and is instead seeking privately backed proposals. Due to the country's financial constraints, the government favors proposals with "comprehensive financing," an official told Nikkei Asia.

During the initial review of the private-sector proposals, the Chinese consortium consisting of China Railway Construction, China Communications Construction and the Export-Import Bank of China, was seen as a strong candidate for the shortlist, given its financing scheme, sources said.

Malaysia has no principle, too corrupted. Another 1MDB in the making

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https://mymilitarytimes.com/index.p...i-8-is-in-malaysias-eez-waters-for-two-weeks/
https://www.scmp.com/news/asia/sout...na-sea-chinese-ship-haiyang-dizhi-8-seen-near