Talk talk talk ......
http://www.thestar.com.my/Business/...China-eyes-KLSingapore-HSR-project/?style=biz
http://www.thestar.com.my/Business/...China-eyes-KLSingapore-HSR-project/?style=biz
Got to give some jobs to Asian Big Brother to have mutual gains.
true...that's why I believe the HSR will materialise as there are material gains to be had .
Based on current financial status, MY is dead broke, so a very good possibility that the HSR may have to wait a little longer.
If MY ask for a loan from the china backed new Asian infra investment bank, sure will be able to fund the HSR. Just pay back slowly using palm oil sugar cane petroleum mao shan wang etc.
If MY ask for a loan from the china backed new Asian infra investment bank, sure will be able to fund the HSR. Just pay back slowly using palm oil sugar cane petroleum mao shan wang etc.
Fracking has indeed changed the world. I wanna change my nick to Fracker soon
PM Lee mentioned high speed rail to KL in his recent facebook post :
Lee Hsien Loong
12 December at 18:06 ·
Glad to be home. The ASEAN-ROK Commemorative Summit marked 25 years of dialogue relations between ASEAN and ROK. One area we discussed was cooperation to respond better to climate change and natural disasters. A big thanks to President 박근혜 Park Geun-Hye for her warm and generous hospitality.
From Busan, I took the high speed rail to Seoul, on my way back to Singapore. The train service is very popular, fast and comfortable. Hope our high speed rail service to KL will be as good. - LHL — in ASEAN-ROK Commemorative Summit
Should have the express version at higher ticket price. But MY is too broke now to build. Weak RM makes every import more expensive.
My take is, if oil price do not go back to US$120, then there is little chance that the HSR will be built.
Now the oil price had gone below US$50, with the National Budget suffering a huge deficit of RM30 Billion, many more projects will be shelved.
Another bad news is the 1MDB had defaulted on its loan repayment last month which simply means money is really short!!