According to the Land Public Transport Commission (SPAD), the feasibility study for Phase 1B of the Malaysia-Singapore high-speed train service is nearing completion. The study evaluates the project’s viability from technical and financial perspectives.
The study aims to find a defining alignment that is both technically feasible and can yield optimal revenue, according to SPAD, who was appointed by the government as the lead agency for the project. SPAD conducted primary market research to assess the project’s revenue potential in addition to bottom-up costings based on a preliminary design, defining a preferred funding structure as well as assessing the project’s impact on other modes of transport.
SPAD had engaged stakeholders at the federal and state levels, with both the public and private sectors involved.
The feedback received has been refined and tested against international case studies, with input coming from technical experts. Modifications were applied as necessary; based on different local conditions and needs.
SPAD said that other high-speed railway projects worldwide have catalysed developments and that the Malaysian government planned to ensure the same via a structured plan at the hub level to increase the probability of capturing broader socio-economic benefits to concurrently attract economic activities to drive urban regeneration at each hub.
The high-speed rail project is envisaged to offer two types of services – express and transit.