Malaysia Property News is a free resource website sharing Daily Property News & information about Property in Malaysia, which related to, Property Market, Property Investment, Commercial Property , Hot Properties Malaysia, Real Estate, Retail Shop, Business Park, Condominium Malaysia, Terraces & Apartment Malaysia, Houses, Residence, Resort and many more.

Friday, April 18, 2008

Singapore favours subway rail link to Johor

SINGAPORE: Singapore said yesterday it welcomed a suggestion by Malaysia to connect the city-state’s subway system to Johor.

“The link should not be a difficult one and it will bring immediate advantages to both sides,” Singapore Foreign Minister George Yeo told local reporters, according to transcripts released by his ministry.

Malaysian Foreign Minister Datuk Rais Yatim had earlier asked Singapore Prime Minister Lee Hsien Loong to consider connecting the city-state’s urban rail network to the Iskandar Malaysia special economic zone.

To be developed over 20 years, Malaysia hopes the 2,200 sq km (850 sq mile) zone in Johor would be able to generate jobs and investments in projects catering to companies and individuals in wealthy but land-scarce Singapore.

The two countries are separated by a narrow strip of water and connected by two bridges.

Singapore’s subway network is managed by SMRT Corp and ComfortDelGro, both of which are government-linked companies.

By Reuters

No comments: