KUALA LUMPUR: Malaysia has requested a six-month extension from Singapore before making a decision on the Rapid Transit System (RTS) project, said ...
He said the request for the extension until September, after a deadline for Putrajaya to confirm its venture partner lapsed on Mar 31, will enable the government to examine several issues including the cost of implementing the project."We are asking for more time from the Singapore government for us to study other options.
Under the bilateral agreement, if the joint venture company has not been incorporated or appointed as the RTS link operator, then both countries are obliged to jointly call a fair, international and transparent open tender to appoint an operator - unless both governments mutually agree to postpone these deadlines.
He said, however, that Singapore still believes that the RTS Link is a “mutually beneficial project”.
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