MyHSR Corporation
Sdn Bhd
A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Northern Ireland, Scotland, certain Commonwealth countries, and the Republic of Ireland. It has shareholders with limit ...
(MyHSR Corp) is a Malaysian company fully owned by the
Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance.
Lists of current ministries of finance
Named "Ministry"
* Ministry of Finance (Afghanistan)
* Ministry of Finance and Ec ...
of Malaysia. It was set up to be the developer and asset owner of the terminated
Kuala Lumpur–Singapore High Speed Rail
Kuala is a town and administrative district of Langkat Regency in northern Sumatra, Indonesia. It borders Selesai to the north, Salapian to the west, and Sei Bingai to the south and east. Most people in Kuala are Javanese people, with a signi ...
project (HSR) at Malaysian side, under the government's move to improve connectivity between the two countries, as currently traffic congestion is acute and far exceeds the capacity of the Causeway at
Johor Bahru, with the current infrastructure provisions.
The primary objective for the construction of the HSR is to reduce the travel time between
Kuala Lumpur
, anthem = ''Maju dan Sejahtera''
, image_map =
, map_caption =
, pushpin_map = Malaysia#Southeast Asia#Asia
, pushpin_map_caption =
, coordinates =
, sub ...
and
Singapore to 90 minutes by strengthening the link between two of
Southeast Asia
Southeast Asia, also spelled South East Asia and South-East Asia, and also known as Southeastern Asia, South-eastern Asia or SEA, is the geographical south-eastern region of Asia, consisting of the regions that are situated south of mainlan ...
's most vibrant and fast-growing economic engines. In addition, the HSR presented an opportunity to open up and rejuvenate smaller cities in Peninsular Malaysia by connecting them to the two major metropolises.
HSR projects
*
Kuala Lumpur–Singapore High Speed Rail
Kuala is a town and administrative district of Langkat Regency in northern Sumatra, Indonesia. It borders Selesai to the north, Salapian to the west, and Sei Bingai to the south and east. Most people in Kuala are Javanese people, with a signi ...
Chronology
*9 April 2015 - MoF seeks RM10m for wholly owned unit MyHSR Corp.
*13 April 2015 - RM38.4b high-speed rail project approved.
*18 April 2015 - Cost-sharing likely for HSR.
*20 April 2015 - MyHSR Corp to oversee high-speed project.
*24 April 2015 - Malaysia approves US$10.6 billion high-speed rail project and the establishment of MyHSR Corp.
See also
*
Planned high-speed rail by country
This article lists planned or proposed high-speed rail projects, arranged by country. Although many nations have done preliminary feasibility studies, many lines are eventually shelved or postponed due to high cost, and only a few nations of th ...
*
Kunming–Singapore Railway
The Kunming–Singapore railway, increasingly called the Pan-Asia railway Network is a network of railways that connects China, Singapore and all the countries of mainland Southeast Asia. The concept originated with the British and French co ...
References
External links
*
SPADPrasaranaMRT Corp
2015 establishments in Malaysia
Government-owned companies of Malaysia
High-speed rail in Asia
Proposed rail infrastructure in Malaysia
Privately held companies of Malaysia
{{Malaysia-rail-transport-stub