Transportation >>>

More giant projects undertaken by BN, more leakeges in the budget

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Singapore is so happily to sign the agreement for high speed train with Malaysia because more black money from the project top-up will flow to Singapore.

Let wait and see the actual cost for KL-SG high speed train compared to RM 7 billion proposal by YTL in 2006.

It was reported in the that the project cost is RM13 billion.

My bet is BN will jack up the cost to RM20 billion after the project completion through extraordinary charges and unexpected delay compensation. The sooner the BN be kicked out, the better for the rakyat.

Singapore, Malaysia to build high-speed rail link

Singapore and Malaysia are to build a high-speed rail link between the city-state and Kuala Lumpur with a target to complete it around 2020.

The deal was finalised in a meeting between Singapore’s Prime Minister Lee Hsien Loong and his Malaysian counterpart Najib Razak.

“This is a strategic development in bilateral relations that will dramatically improve the connectivity between Malaysia and Singapore,” said a statement issued after the meeting.

“It will usher in a new era of strong growth, prosperity and opportunities for both countries.

“It will facilitate seamless […]