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Malaysia to compensate Singapore for HSR project termination

Malaysia's Government agreed to submit a SGD102.6 million (USD76.3 million) payment to Singapore's Government for the termination of the high speed rail project between the two countries (reuters.com, 31-Mar-2021). Aspreviously reported by the Centre for Rail, Singapore and Malaysia terminated a bilateral agreement for a high speed railnetwork from Kuala Lumpur to Singapore. The payment includes a reimbursement package for costs incurred for development works.

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