SINGAPORE (Feb 12): The KL-Singapore high speed rail (HSR) project, which was suspended following a change in the Malaysian government nearly two years ago, might be revived in the short term, instead of suffering from outright cancellation, says Fitch Solutions Marco Research in a Feb 12 note.

Fitch’s view is premised on a couple of key reasons. First, the business case for the rail remains strong. Point to point air travel between Singapore and KL – one of the busiest air routes in the world, takes four hours in total. The 350km-long HSR can cut travel time by 90 minutes.

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