The Star Online
23 Apr 2008
PETALING JAYA: The proposed Kuala Lumpur-Singapore multi-billion ringgit bullet train project has been put on hold due to the high cost.
Economic Planning Unit director-general Datuk Seri Sulaiman Mahbob confirmed that the Government had shelved the project but refused to elaborate further.
“The Government will not go ahead with the project because the financial model submitted involves a significant cost to be borne by the Government,” he said when contacted.
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