Malaysia’s plan to revive the Kuala Lumpur-Singapore high-speed rail (HSR) by relying wholly on private sector financing is unlikely to get off the ground, say industry insiders, with fresh bidders for the project requesting government funding in their proposals.

KUALA LUMPUR (Bernama): Malaysia holds the view that the amount of compensation needed to be paid to Singapore for the termination of the Kuala Lumpur-Singapore High Speed Rail (HSR) project is much lower than S$270mil (RM821mil), said Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed.