According to the statement jointly released by Singapore’s Minister for Transport and Malaysia’s Minister in the Prime Minister’s Department (Economy), the amount was for costs incurred for the development of the project and for the extension of the suspension of the project.
Malaysia has paid Singapore RM320.27 million ($102.82 million) as compensation for the suspension of the Kuala Lumpur-Singapore High Speed Rail (HSR) project on March 29.
The amount is some RM20 million higher than the figure of RM300 million that was released by sources on Dec 24, 2020.
