USD$11B = Tun Dr M new Bargain HSR price with Xijinping, Rich PRC discount to poor Malayu, HRS GO!

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https://hk.news.yahoo.com/中國與馬來西亞達成協議-以110億美元的新價格重啟後者鐵路項目-062508253.html







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中國與馬來西亞達成協議 以110億美元的新價格重啟後者鐵路項目


Bloomberg


157 人追蹤

Anisah Shukry
2019年4月12日 下午3:12


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【彭博】-- 中國已與馬來西亞達成協議,將以降低總價、縮小範圍的方式重啟在後者東海岸的鐵路項目。根據馬來西亞總理辦公室周五發布的聲明,該項目的成本現在將從原先的655億林吉特降至440億林吉特(107億美元)。由於難以縮減國家預算赤字,馬來西亞總理馬哈蒂爾此前叫停了該鐵路項目,但後來又恢復了談判。這一交易可能是中國「一帶一路」計畫的福音;當前,出於對主權和大量舉債問題的擔憂,從緬甸到馬爾代夫的亞洲許多政府都在重新評估該計畫下的中國投資。延伸閱讀:馬來西亞將終止與中國合作的200億美元鐵路項目該鐵路項目旨在把馬來西亞半島的東海岸--經濟落後於較富裕的西海岸--的大部分地區,與首都吉隆坡附近的一個大港口連接起來。但隨著建設推進,該項目的成本激增,財政部估計造價最高可能達到810億林吉特。重啟項目根據聲明,中國交建與Malaysia Rail Link Sdn.就降低成本簽署了補充協議;兩公司以及兩國政府此前已展開了數月的談判。協議涵蓋了該鐵路項目的工程、採購、施工和調試這些方面。「成本的這一削減,肯定會讓馬來西亞受益、減輕給國家財政造成的負擔,」總理辦公室在聲明中表示。自去年著手削減支出和打擊腐敗之後,馬哈蒂爾已表現出重啟一些基礎設施項目的更強意願。財政部長林冠英2月份表示,政府已幾近完成預算評估,現在準備著眼進行政府投資以促進經濟成長。林冠英當時表示,馬來西亞討論了可能在中國支持下、通過發行人民幣計價債券籌款的事宜。這將標志著馬來西亞首次亮相熊貓債發行市場--在今年該國時隔三十年重返武士債券市場之後。(新增自小標題開始的內容)原文標題China, Malaysia to Resume East Coast Rail for $11 Billion (1)欲联系记者请洽:Anisah Shukry 吉隆坡 [email protected]欲联系英文编辑请洽:Yudith Ho [email protected], Elffie ChewFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
【彭博】-- 中國已與馬來西亞達成協議,將以降低總價、縮小範圍的方式重啟在後者東海岸的鐵路項目。
根據馬來西亞總理辦公室周五發布的聲明,該項目的成本現在將從原先的655億林吉特降至440億林吉特(107億美元)。由於難以縮減國家預算赤字,馬來西亞總理馬哈蒂爾此前叫停了該鐵路項目,但後來又恢復了談判。
這一交易可能是中國「一帶一路」計畫的福音;當前,出於對主權和大量舉債問題的擔憂,從緬甸到馬爾代夫的亞洲許多政府都在重新評估該計畫下的中國投資。
延伸閱讀:馬來西亞將終止與中國合作的200億美元鐵路項目
該鐵路項目旨在把馬來西亞半島的東海岸--經濟落後於較富裕的西海岸--的大部分地區,與首都吉隆坡附近的一個大港口連接起來。但隨著建設推進,該項目的成本激增,財政部估計造價最高可能達到810億林吉特。
重啟項目
根據聲明,中國交建與Malaysia Rail Link Sdn.就降低成本簽署了補充協議;兩公司以及兩國政府此前已展開了數月的談判。協議涵蓋了該鐵路項目的工程、採購、施工和調試這些方面。
「成本的這一削減,肯定會讓馬來西亞受益、減輕給國家財政造成的負擔,」總理辦公室在聲明中表示。
自去年著手削減支出和打擊腐敗之後,馬哈蒂爾已表現出重啟一些基礎設施項目的更強意願。財政部長林冠英2月份表示,政府已幾近完成預算評估,現在準備著眼進行政府投資以促進經濟成長。
林冠英當時表示,馬來西亞討論了可能在中國支持下、通過發行人民幣計價債券籌款的事宜。這將標志著馬來西亞首次亮相熊貓債發行市場--在今年該國時隔三十年重返武士債券市場之後。
(新增自小標題開始的內容)
原文標題China, Malaysia to Resume East Coast Rail for $11 Billion (1)
欲联系记者请洽:Anisah Shukry 吉隆坡 [email protected]
欲联系英文编辑请洽:Yudith Ho [email protected], Elffie Chew



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China and Malaysia reach an agreement to restart the latter railway project at a new price of 11 billion US dollars
[Bloomberg]
Bloomberg
157 people track
Anisah Shukry
April 12, 2019, 3:12 PM
China and Malaysia reach an agreement to restart the latter railway project at a new price of 11 billion US dollars
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[Bloomberg] -- China has reached an agreement with Malaysia to restart the railway project on the east coast of the latter in a way that lowers the total price and narrows the scope. According to a statement issued by the Malaysian Prime Minister’s office on Friday, the cost of the project will now be reduced from the original RM65.5 billion to RM44 billion ($10.7 billion). Malaysian Prime Minister Mahathir Mohamad had previously stopped the railway project because it was difficult to reduce the national budget deficit, but later resumed negotiations. The deal may be the gospel of China's “Belt and Road” program; currently, many governments in Asia from Myanmar to the Maldives are reassessing Chinese investment under the plan because of concerns about sovereignty and massive debt problems. Further reading: Malaysia will terminate its $20 billion railway project in cooperation with China. The railway project aims to bring most of the region on the east coast of the Peninsula of Malaysia - the economy to the affluent West Coast - and a large port near the capital, Kuala Lumpur. connect them. However, with the advancement of construction, the cost of the project has soared, and the Ministry of Finance estimates that the maximum cost may reach 81 billion ringgit. According to the statement, China Communications Construction and Malaysia Rail Link Sdn. signed a supplementary agreement on reducing costs; the two companies and the two governments have already started negotiations for several months. The agreement covers the engineering, procurement, construction and commissioning aspects of the railway project. "This reduction in cost will definitely benefit Malaysia and reduce the burden on the country's finances," the Prime Minister's Office said in a statement. Since last year's spending cuts and corruption, Mahathir has shown a stronger will to restart some infrastructure projects. Finance Minister Lin Guanying said in February that the government has almost completed its budget assessment and is now ready to focus on government investment to promote economic growth. Lin Guanying said at the time that Malaysia discussed the possibility of raising funds through the issuance of RMB-denominated bonds with the support of China. This will mark Malaysia's first appearance in the panda bond issuance market - after the country returned to the samurai bond market after 30 years of this year. (Added from the beginning of the subtitle) Original title China, Malaysia to Resume East Coast Rail for $11 Billion (1) To contact the reporter please contact: Anisah Shukry Kuala Lumpur [email protected] For contact with the English editor please contact: Yudith Ho yho35 @bloomberg.net, Elffie ChewFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg LP

[Bloomberg] -- China has reached an agreement with Malaysia to restart the railway project on the east coast of the latter in a way that lowers the total price and narrows the scope.

According to a statement issued by the Malaysian Prime Minister’s office on Friday, the cost of the project will now be reduced from the original RM65.5 billion to RM44 billion ($10.7 billion). Malaysian Prime Minister Mahathir Mohamad had previously stopped the railway project because it was difficult to reduce the national budget deficit, but later resumed negotiations.

The deal may be the gospel of China's “Belt and Road” program; currently, many governments in Asia from Myanmar to the Maldives are reassessing Chinese investment under the plan because of concerns about sovereignty and massive debt problems.

Further reading: Malaysia will terminate its $20 billion railway project with China

The railway project aims to connect most of the area on the east coast of Peninsular Malaysia, which lags behind the wealthier West Coast, with a large port near the capital, Kuala Lumpur. However, with the advancement of construction, the cost of the project has soared, and the Ministry of Finance estimates that the maximum cost may reach 81 billion ringgit.

Restart the project

According to the statement, China Communications Construction and Malaysia Rail Link Sdn. signed a supplementary agreement on reducing costs; the two companies and the two governments have already started negotiations for several months. The agreement covers the engineering, procurement, construction and commissioning aspects of the railway project.

"This reduction in cost will definitely benefit Malaysia and reduce the burden on the country's finances," the Prime Minister's Office said in a statement.

Since last year's spending cuts and corruption, Mahathir has shown a stronger will to restart some infrastructure projects. Finance Minister Lin Guanying said in February that the government has almost completed its budget assessment and is now ready to focus on government investment to promote economic growth.

Lin Guanying said at the time that Malaysia discussed the possibility of raising funds through the issuance of RMB-denominated bonds with the support of China. This will mark Malaysia's first appearance in the panda bond issuance market - after the country returned to the samurai bond market after 30 years of this year.

(new content added since the beginning of the subtitle)

Original title China, Malaysia to Resume East Coast Rail for $11 Billion (1)

To contact the reporter, please contact: Anisah Shukry Kuala Lumpur [email protected]

To contact an English editor, please contact: Yudith Ho [email protected], Elffie Chew

For more articles like this, please visit us at bloomberg.com





For more articles like this, please visit us at bloomberg.com
 
That's why Mudland gets along with China. If SINKapore wants to get along with Mudland, learn from the Chinese.
 
That's why Mudland gets along with China. If SINKapore wants to get along with Mudland, learn from the Chinese.
prc is the more desperate party to resolve this issue and eek out a heavily discounted agreement.
 
https://www.railway-technology.com/news/myhsr-to-appoint-tca-to-review-kuala-lumpur-singapore-hsr/

9 April 2019

News
MyHSR to appoint consultant to review Kuala Lumpur-Singapore HSR

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MyHSR is set to appoint a Technical Advisory Consultant (TAC) to review the technical aspects of the postponed Kuala Lumpur-Singapore High-Speed Rail (HSR) project’s cost reduction options.
In September last year, Malaysia and Singapore agreed to postpone the HSR project until 2020 in a bid to explore various options to reduce the cost of construction.
Following the decision, the Government of Malaysia has been working to determine cost reduction options, including revising the route alignment, station locations and business model.
Once appointed, the TAC will assess and validate all the proposed infrastructure assets for the Kuala Lumpur–Singapore HSR project within Malaysia.
“This tender marks an important step forward before the end of the suspension period in May 2020.”
The overall assessment will include on-the-ground data collection activities such as topography survey data, soil investigation and ground condition assessments.
MyHSR CEO Dato’ Mohd Nur Ismal Bin Mohamed Kamal said: “This tender marks an important step forward before the end of the suspension period in May 2020.
“We encourage all firms with the relevant experience to participate in this tender, as the findings of this review will help us chart the right course for this project.”
The decision to postpone the Kuala Lumpur–Singapore HSR project was aligned with the Government of Malaysia’s efforts to review all major infrastructure projects in the country to reduce national debt.
In January, Malaysia also terminated the agreement with East Coast Railway Link contractor China Communications Construction Company (CCCC).
The Kuala Lumpur-Singapore HSR project is envisaged to facilitate shorter travel time between Malaysian capital Kuala Lumpur and Singapore, as well as improve connectivity in the region and promote economic cooperation.
Currently, the construction works of the project are suspended until 31 May 2020.















 
I still don't get this hsr thing. Ktm gave up its land, and now want hsr by builfing a new expensive bridge to jurong.
Why can't it end at woodlands? Any uneccessary cost of construction will go to the cost of tickets. And who owns the hsr? 50/50 or what?
 
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