07 Jun '18, 3am

Welcome to the Singapore Democrats

Welcome to the Singapore Democrats

In July 2016, the SDP questioned the agreement between Singapore and Kuala Lumpur over the high speed rail (HSR) and said that the project was "troubling". (See here .) Back then, we asked: “Why the rush to put pen to paper given the controversy embroiling 1MDB and the political uncertainty building up in Malaysia? Has the Singapore government exercised due diligence in proceeding with the HSR project?” Fast forward to 2018. The new Malaysian government led by Dr Mahathir has cancelled the project, questioning the benefits of the railway. His finance minister, Mr Lim Guan Eng, cited that under the present agreement the HSR would likely cost more than RM100 billion , adding that the price could effectively be halved. Local academic and former Associate Dean of the Lee Kuan Yew School of Public Policy, Dr Donald Low, also questioned the economic feasibility of the project. H...

Full article: http://yoursdp.org/news/sdp_questioned_the_hsr_1mdb_deal_...

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