Rts Bilateral Agreement


The statement stated that the project had been resumed following three important agreements. “The task is to finalize the three important agreements in a timely manner so that they can be signed by July 31, 2020,” MOT said. On 14 January 2019, Singapore`s Transport Minister Khaw Boon Wan announced that the project was not progressing well and that Malaysia had not met the deadlines set at the 2018 bilateral meeting. The deadlines were extended as soon as they were negotiable – the first until September 2018, then December 2018, then February 2019. [30] He replied: “We work with any responsible government. And as a country, we respect and respect the agreements… I am sure that our partner countries are the same. The Prime Minister added that the agreement on the resumption of the project was evidence of close bilateral relations between Malaysia and Singapore and ongoing efforts to strengthen cooperation. KUALA LUMPUR – Malaysian Transport Minister Wee Ka Siong announced Saturday (May 2nd) that the deadline for the bilateral agreement for the Johor Baru-Singapore Rapid Transit System (RTS) Link project has been extended by three months, until July 31. In addition, a joint enterprise agreement has been reached between SMRT RTS Pte Ltd of Singapore and Malaysian company RTS Operations Sdn Bhd for the creation of RTS Operations Pte Ltd, as well as an agreement to appoint the operating company for the first 30-year concession period. Three important agreements needed to take over the RTS Link project have been successfully concluded, he said. This includes an agreement to amend the bilateral RTS Link agreement between the governments of Singapore and Malaysia. In a Facebook post on Saturday, Khaw, who is Singapore`s transport minister, said there had been active bilateral discussions since April on Malaysia`s proposed changes. But the pace of bilateral talks has been influenced by several events, including the change of government in Malaysia and now the Covid 19 pandemic.

“It has been delayed for some time, partly because of political changes and transitions in Malaysia, partly because of the projects, partly because of COVID-19. But anyway, we have now clarified the details, signed the agreements and the work can begin now,” lee said. The agreement was signed by Malaysian Transport Minister Datuk Seri Ir Dr. Wee Ka Siong and his Singaporean counterpart, Ong Ye Kung. “Given the current order of control of the movement in Malaysia and the Singapore circuit breakers, bilateral discussions on the Johor Baru-Singapore Rapid Transit System Link project have also been compromised. Following the negotiations, Singapore and Malaysia will seal the agreement with three agreements on 30 July: “I had discussed the status of the bilateral agreement on an ongoing basis with my counterpart, Minister Khaw Boon Wan.