Malaysia-Singapore high speed rail may cost $44 to $48 per trip
The assumption was based on an estimated cost of 20 billion to 25 billion Singapore dollars ($14.8 billion to $18 billion) for the 350-km or 90-minute journey from Singapore to Kuala Lumpur, the capital city of Malaysia according to Singapore's Institute of Southeast Asia Studies (ISEAS)'s senior fellow Francis Hutchinson.
Civil infrastructure such as tunnels and bridges may cost up to 15 billion Singapore dollars ($11 billion), he said during a presentation at a conference.
Meanwhile, around 5 billion Singapore dollars ($3.5 billion) may be allocated to laying of tracks, electrification, systems integration. Other costs include land acquisition, and the train themselves, which may worth up to 1.7 billion Singapore dollars, he added.
Despite only 4 percent of the rail works will be conducted in Singapore, Hutchinson opined that the construction cost for Singapore's may be much higher than Malaysia's, mainly due to its underground works. ■