by Michael Petraeus
Source: https://vulcanpost.com/769152/by-2030s- ... 7-minutes/ Accessed: 2021-11-15
A very fast land transportation link between KL and Singapore is absolutely critical to both countries — and a complete no-brainer to anybody who can read a map and understand basic economics.
No, both countries should simply move with the times and abandon their affection for the Victorian-age iron rail and replace it with something much better, which about to prove its economic viability in just six to seven years.
To make it even more compelling, it’s a technology that Singapore and Malaysia are the best positioned to draw the greatest benefits from out of, pretty much, all countries in the world: magnetic levitation, or maglev.
How expensive would it be?
Fortunately, thanks to Japan we know what to expect.
With the tunnelling works, high labour costs and the necessity to cut through vast, heavily populated areas of Tokyo, the cost of the connection to Nagoya was revised earlier this year to around 7 trillion yen, or US$62 billion.
This is equivalent to S$83 billion or RM258 billion.
We also know that by original estimates, the cost of HSR expected by the Barisan Nasional government in 2018 was around RM72 billion — this was later revised by Mahathir administration to over RM100 billion.
RM258 billion versus RM100 billion (at the highest estimate) seems to be a huge difference. But we have to, once again, consider the Japanese conditions. Being forced to run the line in tunnels across 90 per cent of the distance effectively multiplies the cost by a factor of two or more.
Every crisis is an opportunity in disguise. It may very well turn out that the disappointing pullout from the HSR project by Muhyiddin Yassin’s government was a blessing, enabling both countries to leap ahead of everybody else in very near future.