King In China For High-Speed Rail Investment Discussion

The King is in China to discuss areas relating to infrastructure and investment for a high speed rail project from a Chinese State Owned Company.

According to a foreign report, the revived Singapore Malaysia HSR project will be activated using private funding as the government has reiterated that taxpayers’ money will not be used. The report stated Sultan Ibrahim Iskandar discussing on areas of investment from a Chinese State-owned company which it said the source did not want to be quoted.

Earlier, Transport Minister Anthony Loke had said the multi-billion ringgit project did receive many offers with proposals coming from both local and foreign companies, however the decision will finally be made by the cabinet once all the option are studied.

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