• Breaking News

    Monday, May 22, 2017

    IMT-GT Vision 2036 Approves 40 Projects Worth RM204.04 Billion

    Tobapos -- The High-Speed Rail service between Kuala Lumpur and Singapore is among 40 projects costing US$47 billion (RM204.03 billion) approved by the 10th Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) Summit in Manila, Philippines.

    Minister in the Prime Minister´s Department Datuk Seri Abdul Rahman Dahlan said the projects which would be implemented by the three countries were contained in the 'IMT-GT Vision 2036' and 'IMT-GT Implementation Blueprint 2017-2021'.

    He said the documents which was a continuation of the 'IMT-GT Implementation Blueprint' 2012-2016 was presented by the Indonesian and Thai ministers overseeing the IMT-GT.

    The projects would be implemented between 2017 and 2021," he said in a statement late Saturday night.

    The IMT-GT Summit was chaired by Prime Minister Datuk Seri Najib Tun Razak and was attended by Indonesian President Joko Widodo and Thai Prime Minister General Prayut Chan-o-cha.

    Abdul Rahman said besides the HSR project, also listed in the development blueprint is the East Coast Railway, Chuping Valley Industrial Area and Perlis Inland Port.

    Touching on another development, he said 57 main infrastructure projects estimated at US$21billion (RM91.16 billion) were sanctioned by the 12th Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area Summit in Manila.

    Abdul Rahman, who is also the minister overseeing BIMP-EAGA Malaysia, said all the said projects were contained in the BIMP-EAGA blueprint

    the 'BIMP-EAGA Vision 2025' and would be implemented by all four ASEAN countries.

    "The projects to be implemented in Malaysia are the Pan Borneo Highway (Sabah), Pan-Borneo Highway (Sarawak), Sepanggar Bay Container Port Expansion, Deepening of Kuching and Tawau Ports and the Mukah Airport.

    "These projects will be a catalyst to the economic integration process between countries/provinces in BIMP-EAGA, " he added.

    The BIMP-EAGA Summit, which was attended by Najib, was chaired by Philippines President Rodrigo Duterte.  (source/adm)


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