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Japan eager to grab Singapore-Malaysia HSR deal after win in India

Posted By Tushar Mehta

Post Date: 16/12/2015

Category: High Speed Railways,   Type: News

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Image: Japanese Transport Minister Keiichi Ishii

Japan, after a recent win of a $15 billion rail endeavor in India over China, is willing to market its bullet train technology to a high-speed line which is being proposed between Singapore and the Malaysian capital cities, opening a new market for companies from Hitachi Ltd. to Mitsubishi Heavy Industries Ltd.

The Japanese government endorses such a bid, asserted Japanese Transport Minister Keiichi Ishii. Co-operation between the government and key business leaders was critical in grabbing the deal with India in the previous week.

Japan, which built the world’s first high-speed train more than half a century ago, is revamping efforts to transship its bullet-train technology to actualize Prime Minister Shinzo Abe's pledge to triple infrastructure exports to 30 trillion yen ($248 billion) by 2020.

Singapore and Malaysia have nominated a rail connection between Singapore and Kuala Lumpur that will reduce the travel time for the 300-kilometer (180-mile) journey to 90 minutes, from at least four hours by road.

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