SINGAPORE (ANN): Singapore and Malaysia will defer construction of a cross-border MRT link up till Sept 30 this year. As part of the deal, Malaysia will also reimburse Singapore for the costs incurred as a result of the six-month suspension of the planned Rapid Transit System (RTS) Link. Singapore's Transport Minister Khaw Boon Wan and his counterpart Anthony Loke met on Tuesday (May 21) at the PSA Building, where Singapore's Transport Ministry is located. "If not, the RTS Link Project will be deemed to have been terminated by Malaysia, and Malaysia will reimburse Singapore for the costs we have incurred in fulfilling our RTS Link obligations till now," said Khaw. Khaw said the decision to suspend the RTS Link Project will affect the Land Transport Authority's contractors and bidders involved in the development, as well as SMRT, which is Singapore's Joint Venture partner for the RTS Link operator.

Source: The Star May 21, 2019 03:33 UTC