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Penny wise pound foolish
- Thread starter ginfreely
- Start date
SINGAPORE — Even if the authorities upgrade Malaysia’s Keretapi Tanah Melayu (KTM) railway infrastructure as a cheaper alternative to the Kuala Lumpur-Singapore high-speed rail project, it may still take time and need substantial work, experts said.
And the move may turn out to be penny wise and pound foolish further down the road, with Singapore and Malaysia left behind while other countries pursue a regional high-speed rail network.
Their comments came after Malaysian news agency The Star reported on Monday (June 18) that the option of rejuvenating the KTM was brought to the attention of Malaysia’s Council of Eminent Persons — an advisory body recently formed by Malaysian prime minister Mahathir Mohamad.
https://www.todayonline.com/singapo...e 19, 2018 (ACTIVE)_newsletter_19062018_today
And the move may turn out to be penny wise and pound foolish further down the road, with Singapore and Malaysia left behind while other countries pursue a regional high-speed rail network.
Their comments came after Malaysian news agency The Star reported on Monday (June 18) that the option of rejuvenating the KTM was brought to the attention of Malaysia’s Council of Eminent Persons — an advisory body recently formed by Malaysian prime minister Mahathir Mohamad.
https://www.todayonline.com/singapo...e 19, 2018 (ACTIVE)_newsletter_19062018_today
Transport economist Walter Theseira from the Singapore University of Social Sciences noted that the checkpoint does not provide convenient connections to Singapore’s public transport system.
If Singapore considers the proposal, it would have to study where the terminal should be, with better links to public transport and the city centre here.
“Otherwise, you would get here very quickly, and… still have to go through a fairly lengthy connection to the rest of the system in Singapore,” Dr Theseira said.
“It’s not as simple as upgrading the tracks. It will require completely redesigning and thinking about how we connect the KTM system to our city centre.”
He did say, though, that the service could still be acceptable when measured against catching a one-hour flight to Kuala Lumpur.
The trains would terminate at Kuala Lumpur Sentral station in the heart of the city, whereas air travel to the Malaysian capital is presently “much less competitive” because Kuala Lumpur International Airport, which is some distance from town, is inconvenient for travellers, he noted.
This also hinges on having a terminal at Singapore’s side that is near a public transport hub, and that the rail link is reliable. “If you have neither the speed nor the reliability, you run the real risk of ending up with a white elephant,” he added.
In the longer term, Dr Theseira foresees that many countries in the Association of South-east Asian Nations will likely benefit from an integrated high-speed rail system throughout the region in two or three decades.
When that happens, Singapore and Malaysia could be left behind if there is no network to match that. “By building a system now that is not going to be interoperable with a true high-speed rail system, we may put ourselves in the unfortunate position of, in 20 years’ time, having to reinvest in a high-speed rail,” he said.
If Singapore considers the proposal, it would have to study where the terminal should be, with better links to public transport and the city centre here.
“Otherwise, you would get here very quickly, and… still have to go through a fairly lengthy connection to the rest of the system in Singapore,” Dr Theseira said.
“It’s not as simple as upgrading the tracks. It will require completely redesigning and thinking about how we connect the KTM system to our city centre.”
He did say, though, that the service could still be acceptable when measured against catching a one-hour flight to Kuala Lumpur.
The trains would terminate at Kuala Lumpur Sentral station in the heart of the city, whereas air travel to the Malaysian capital is presently “much less competitive” because Kuala Lumpur International Airport, which is some distance from town, is inconvenient for travellers, he noted.
This also hinges on having a terminal at Singapore’s side that is near a public transport hub, and that the rail link is reliable. “If you have neither the speed nor the reliability, you run the real risk of ending up with a white elephant,” he added.
In the longer term, Dr Theseira foresees that many countries in the Association of South-east Asian Nations will likely benefit from an integrated high-speed rail system throughout the region in two or three decades.
When that happens, Singapore and Malaysia could be left behind if there is no network to match that. “By building a system now that is not going to be interoperable with a true high-speed rail system, we may put ourselves in the unfortunate position of, in 20 years’ time, having to reinvest in a high-speed rail,” he said.
Which part of my mindset is greed? Want to make money out of investment is called greed? Do volunteer work is called greed? Donating my money to charity when die is called greed? Another Malaysian dog with shameless and baseless accusations!All for your Johor investments. Lol
Typical greed mindset of TS.
You know what are these Malaysian dogs’ mindset? Always pretending to be good saying or acting money not important but first one to cheat you of even few dollars and cents. Like pocket the GST savings.
Last time I will agree but now no thank you. They don’t like Singaporeans.
Why is it my fault when it’s the Malaysian dogs stealing slandering and harassing me?It's never TS's folly or fault. It's always others' fault. Typical KGK. Lol
Malaysia under Mahathir never had any foresight to begin with. That is why they are miles away in infrastructure development compared to Singapore.
See everyone? Proven again he is ALWAYS what he accused me to be. Want to have last word by posting silly graphics that I didn’t reply.
Not just no foresight but he is going back to car industry.
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