Skip to player
Skip to main content
Skip to footer
Search
Connect
Watch fullscreen
Like
Comments
Bookmark
Share
Add to Playlist
Report
Plan for Bandar Malaysia to fund HSR unsustainable, say experts
Free Malaysia Today
Follow
9/12/2024
A transport expert and an economist cite economic risks and question the necessity for both projects in the post-pandemic era.
Read More:
https://www.freemalaysiatoday.com/posts/preview/?p=NXBGMmlKdG9BRTcxSlpEdDB4Y3lCMkpRQUpqUWxJSkQ4cHZPd3FwZGlMVT0=
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/09/12/perancangan-bandar-malaysia-biaya-hsr-tak-mampan-kata-pakar/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
Subscribe to our channel - http://bit.ly/2Qo08ry
------------------------------------------------------------------------------------------------------------------------------------------------------
Check us out at https://www.freemalaysiatoday.com
Follow FMT on Facebook: https://bit.ly/49JJoo5
Follow FMT on Dailymotion: https://bit.ly/2WGITHM
Follow FMT on X: https://bit.ly/48zARSW
Follow FMT on Instagram: https://bit.ly/48Cq76h
Follow FMT on TikTok : https://bit.ly/3uKuQFp
Follow FMT Berita on TikTok: https://bit.ly/48vpnQG
Follow FMT Telegram - https://bit.ly/42VyzMX
Follow FMT LinkedIn - https://bit.ly/42YytEb
Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj
Follow FMT on WhatsApp: https://bit.ly/49GMbxW
------------------------------------------------------------------------------------------------------------------------------------------------------
Download FMT News App:
Google Play – http://bit.ly/2YSuV46
App Store – https://apple.co/2HNH7gZ
Huawei AppGallery - https://bit.ly/2D2OpNP
#FMTNews #WeeKaSiong #BandarMalaysia #HSR
Category
🗞
News
Transcript
Display full video transcript
00:00
A transport expert and an economist have questioned a proposal to use profits derived
00:07
from the Bandar Malaysia project to finance the construction of a high-speed rail link
00:13
between Kuala Lumpur and Singapore.
00:16
Transport consultant Rosli Khan called the business plan unsustainable, saying it may
00:21
be premised on an overestimation of the profitability of both projects.
00:26
He said economic uncertainties such as inflation, supply chain disruptions, and fluctuating
00:32
market conditions could lead to cost overruns for both the Bandar Malaysia and the HSR projects,
00:39
making it difficult to generate the expected returns.
00:43
Rosli also pointed to a shift in transportation patterns following the COVID-19 pandemic,
00:49
pointing in particular to a rise in remote work and reduced business travel, which could
00:55
affect the financial viability of the HSR project.
00:58
Meanwhile, economist Geoffrey Williams warned that the government could be forced to undertake
01:04
yet another bailout if either project fails to meet its financial or development goals.
01:10
He said this would take resources from essential public priorities in health, education and
01:15
social protection.
01:17
Last week, former Transport Minister Wee Ka Siong proposed aligning the HSR project with
01:23
the RM140 billion Bandar Malaysia development, suggesting that with proper execution, the
01:29
profits from Bandar Malaysia could cover all or a significant portion of building the HSR.
Recommended
1:20
|
Up next
Ensure Bandar Malaysia is future-ready, says urban planning expert
Free Malaysia Today
1/16/2025
1:28
Delicate balancing act for Malaysia if it joins BRICS
Free Malaysia Today
6/19/2024
1:04
Malaysia, Singapore announce Johor special economic zone deal
Free Malaysia Today
1/7/2025
2:04
Peluasan SST penampan negara hadapi tempoh sukar, kata pakar ekonomi
Free Malaysia Today
3 days ago
2:16
For Malays to succeed, the best must help the rest, say economists
Free Malaysia Today
1/9/2025
1:58
Weaker Petronas undermines Malaysia’s geoeconomic strength, says Wan Fayshal
Free Malaysia Today
5/1/2025
1:26
Malaysia to cut growth outlook, discuss ‘fair’ trade with US
Free Malaysia Today
4/25/2025
1:05
HSR can be catalyst for economic transformation, think tank says
Free Malaysia Today
12/1/2024
3:17
Malaysians must speak up against injustices to move forward, says think-tank founder
Free Malaysia Today
2/18/2024
1:05
Chinese companies looking to Malaysia to help them avoid US tariffs
Free Malaysia Today
6/25/2024
1:10
KWSP tolak dakwaan berkait pelaburan MAHB
Free Malaysia Today
2/12/2025
1:37
Expanded SST offers nation buffer in tough times, say economists
Free Malaysia Today
3 days ago
1:17
Malaysia records 4.2% GDP growth for Q1 2024
Free Malaysia Today
5/17/2024
1:02
Papagomo charged with sedition over remarks on king
Free Malaysia Today
5/2/2024
1:38
Protect GISBH’s business network from unfair action, says PAS
Free Malaysia Today
9/22/2024
1:08
Prasarana removes personal care ad from train after outcry
Free Malaysia Today
4/16/2025
1:49
Bazaria Pantai revitalised through Lestari Niaga @ Kuala Lumpur
Free Malaysia Today
8/28/2024
1:08
Easier to deal with China than US, says Nazir Razak
Free Malaysia Today
2/17/2025
0:51
BREAKING: Asyraf claims PH victory in Kuala Kubu Baharu
Free Malaysia Today
5/11/2024
1:01
Anwar raps elite groups for undermining Malay language
Free Malaysia Today
10/6/2024
1:01
Subang Umno chides Lokman over remarks on Malay support
Free Malaysia Today
1/20/2025
1:07
Return to middle ground to survive, analysts tell Umno
Free Malaysia Today
8/24/2024
1:55
MM2H baharu: Lebih baik, tetapi masih banyak perlu dibaiki
Free Malaysia Today
7/5/2024
1:08
Adopt Penang’s commercial lease extension rebates, Selangor told
Free Malaysia Today
8/9/2024
1:06
Poverty aid for all, not race-based, insists Anwar
Free Malaysia Today
10/22/2024