MoU On KL – Singapore High Speed Rail
Today, I am pleased to welcome and host Singapore Prime Minister Lee Hsien Loong in Seri Perdana. Earlier in the afternoon, we had a very fruitful discussion on a wide-range of matters. In recent years, Malaysia and Singapore have enjoyed healthy and fruitful collaborations in various sectors including trade and investment, security, as well as people-to-people relations. And from today’s outcome, I am more confident than ever that the Malaysia- Singapore comprehensive partnership can only grow from strength to strength.
This was underlined by the signing of the Memorandum of Understanding (MoU) between the Government of Malaysia and the Government of the Republic of Singapore for the Kuala Lumpur – Singapore High Speed Rail (HSR) project by YB Datuk Abdul Rahman Dahlan, Malaysia’s Minister in the Prime Minister’s Department and His Excellency Minister Khaw Boon Wan, Singapore’s Coordinating Minister for Infrastructure and Minister for Transport.
Our Ministry of Transport, the Land Public Transport Commission of Malaysia and the Land Transport Authority of Singapore have had extensive discussions since the announcement of the HSR project which was made at the 4th annual Leaders’ Retreat in February 2013 and I have always followed through, to ensure that we arrived at this day.
Today’s MoU is a major milestone in the relations of both countries- one that will unlock a plethora of opportunities and development, especially for Malaysia. Moving forward, we stand to gain from this development, ranging from the direct effects through people-to-people ties and business linkages particularly in our banking and finance sectors to the socio-economic spin-offs for the people living in the cities along the HSR project, especially in Bandar Malaysia (Kuala Lumpur), Putrajaya, Seremban, Ayer Keroh, Muar, Batu Pahat and Iskandar Puteri.
The MoU is a step forward and signifies Malaysia and Singapore’s firmest commitment to this iconic project. It is a reflection of the future of Malaysia and Singapore – an area of growing prosperity and affluence, a new lifestyle to be enjoyed by Malaysians, Singaporeans and visitors alike. With the HSR project, I want to leave a lasting legacy by shaping a sustainable and prosperous Malaysia that our future generations will continue benefitting from, for many years to come.
This is the shape of things to come. I am excited and extremely committed in pursuing this project till completion. Today’s events goes to show how much we can achieve by working together in the spirit of good neighbourliness and partnership.