Assets company removal 'main concern' that led to HSR termination, project has cost Singapore more than S$270 million: Ong Ye Kung | Video

The "main concern" that led to the termination of the Kuala Lumpur-Singapore High-Speed Rail (HSR) project was Malaysia's suggestion that the assets company that was to manage the project be removed, said Minister for Transport Ong Ye Kung on Monday (Jan 4). Speaking in the first Parliament session of the year, Mr Ong also revealed that Singapore had incurred more than S$270 million in costs for the project, which was first announced in 2013.