Connectivity top agenda at the 6th Malaysia-Singapore Leaders Retreat

The connectivity between Kuala Lumpur and Singapore is one of the agenda to be discussed at the 6th Malaysia-Singapore Leaders Retreat today.
According to Johor Mentri Besar Datuk Seri Mohamed Khaled Nordin, who is also a delegate at the retreat, Prime Minister Datuk Seri Najib Abdul Razak will lead the discussions at the annual retreat.

It is understood that the Rapid Transit System Link (RTS) connecting Kuala Lumpur and Singapore will be discussed in-depth.
Notably, Land and Public Transport Commission (SPAD) chairman Tan Sri Syed Hamid Albar will present its feasibility study paper on the proposed high-speed rail link from Singapore to Kuala Lumpur, which will reduce travel time from 50 hours to around 90 minutes.
For Johor, however, the building of the RTS has the power to serve as a catalyst in Johor economy, considering the slow trend in Iskandar’s property market.
Another topic likely to be discussed at the retreat is the proposed Friendship bridge.
Proposed by Najib in 2013, the bridge will act as a symbol of friendship between the two neighbours. The proposed bridge was also well received by the Johor community, particularly the business fraternity.
In a statement, the Foreign Affairs Ministry revealed that Najib is set to have a four-eyed meeting with Singapore’s Prime Minister Lee Hsien Loong. Thereafter, a delegation meeting will be held wherein both sides will discuss bilateral issues as well as review the progress of existing bilateral cooperation and initiatives agreed upon during last year’s retreat.
This year’s retreat will also witness the signing of a memorandum of understanding between Singapore and Malaysia on Co-Operation in Developing Urban Search and Rescue Capabilities and Supplemental Agreement to the Agreement for the Construction and Operation of a Ferry Terminal as well as the Operation of a Ferry Service between Singapore and Peninsular Malaysia.
Farah Wahida, Editor of PropertyGuru, wrote this story. To contact her about this or other stories email farahwahida@propertyguru.com.my
(Source From propertyuguru.com.my)
 
Link From:
http://www.propertyguru.com.my/property-news/2015/5/93405/connectivity-top-agenda-at-the-6th-malaysia-singapore-leaders-retreat
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