Shortly after the agency resolution to proceed with the RTS Hyperlink, Singapore confirmed on four November 2019 that it had agreed to an extra sixmonth suspension to 30 April 2020, at the request of Malaysia made on 29 October. Key factors of agreement on the RTS Link, together with the technical, security, and safety requirements, business, financing, procurement, and regulatory frameworks that are in place as customs, immigration, and quarantine arrangements, had been indicated on this legallybinding agreement. On 11 October 2019, Malaysia introduced its carrying out the RTS Link as a longterm solution to crossborder traffic. The Johor BahruSingapore Fast Transit System RTS Link is a deliberate crossborder fast transit system that would join Woodlands, Singapore, and Johor Bahru, Malaysia, crossing the Straits of Johor.
On 9 February 2018, Prasarana Malaysia Berhad Prasarana and SMRT Company Ltd SMRT accepted a Letter of Provide jointly issued by Malaysia’s Prime Minister’s Department PMD and Singapore’s Land Transport Authority LTA for the two corporations to type a joint enterprise company JV Co to operate the Johor BahruSingapore Fast Transit System Hyperlink RTS Hyperlink by 30 June 2018. The JV Co will design, https://www.rykascdco.com/ construct, finance, operate, maintain and renew the RTS Hyperlink working assets such as trains, tracks, and techniques. In finishJuly 2018, Malaysian Transport Minister Anthony Loke announced that a working paper could be presented to the Malaysian Cabinet for cost approval, reaffirming commitment to the 2024 deadline regardless of the delays.
Within the wake of the 2018 Malaysian common election, Malaysia reaffirmed its dedication to the RTS Link despite efforts to cut its national debt. Malaysia would have to pay more than S$66 million if it determined to terminate the RTS Hyperlink venture by then. On 31 October 2019, Malaysian Prime Minister Mahathir Mohamad introduced that the RTS Link would proceed with proposals to amend the challenge and reduce prices by 36 percent from the unique RM4.Ninetythree billion to RM3.16 billion. On 28 September 2018, the second civil engineering tender was revealed by Singapore: Contract T235 for the construction of the Viaduct and Tunnels for Rapid Transit System RTS Link. On 31 January 2018, the primary civil engineering tender was published by Singapore: Applying for T232 CQI Constructing for Speedy Transit Techniques RTS Hyperlink.