SINGAPORE: Malaysia and Singapore today officially signed the supplemental agreement (SA) for suspension of the Rapid Transit System (RTS) Link Project until September 30 this year.
Transport Minister Anthony Loke said Malaysia would reimburse Singapore about RM2 million by July 31, 2019, as abortive costs incurred as a result of the six-month suspension.
Loke and his Singapore counterpart Khaw Boon Wan sealed the agreement to formalise the suspension at the Transport Ministry here.
A bilateral agreement on the RTS Link was signed in January last year during the previous Barisan Nasional administration.
According to Loke, under the original agreement, the one-way fare was set at RM15 and would burden some Malaysians who travel daily to Singapore for work.
The project was initially scheduled for construction this year and expected to be completed by December 2024.
It was aimed at addressing congestion in the daily commute between the two countries.
The RTS Link project would cover 4km of rail linking Bukit Chagar (Johor Baru) and Woodlands (Singapore), with the capacity to ferry 10,000 passengers per hour.
Meanwhile, Khaw said Malaysia would have to pay more than S$66 million (RM200 million) should it choose to terminate the project.
Both Ministers later visited the RTS Link site at Woodlands North. – Bernama