i think our govt can renego and get very good terms from china. China has got a strategic plan, the what belt blah blah blah, they don't look at one part, they look at the whole project. Beside, I heard china not on good term with singapore
I think they cancelled off HSR for strategic reason too. Think china will view this as positive. As for ECRL, as mentioned , renego should be able to get a good deal from china. If you looked at the states which harapan got defeated, pahang, terengganu, kelantan, these are rural states. If Harapan can bring modernization to these states, it can open up a new group of voters for harapan. So i dont think they are going to cancel ECRL but renego with china which I'm sure china will be more than willing to do so. Money not an issue with china
not really, as long as they can reduced the cost of living, these urban states should view them as positively.It isn't just about cost of living, another thing is good governance. Actually i prefer if johor can have lrt, especially southern jhr, the traffic jam getting worse
Posted by hollandking > May 29, 2018 01:58 PM | Report Abuse
not really, as long as they can reduced the cost of living, these urban states should view them as positively.It isn't just about cost of living, another thing is good governance. Actually i prefer if johor can have lrt, especially southern jhr, the traffic jam getting worse
Obviously calvin have not taken into account one thing
Those land where those stations were planned for HSR were disposed earlier to UMNO cronies at cheap price and they are hoping to make a quick gain. Land sale has already taken effect long ago, the ultimate debt and interest payer will be the rakyat
Japan's bullet train is more expensive than flight! And guess what, our double track train stops at Gemas/ Tasik Selatan/ etc, are all these places developed like what they had planned?
I agree with tun M to cancle the HSR, the land acquisition cost have not even been taken into RM60b, total could be more than RM100b, which is crazy, and not to say, some parties (UMNO cronies) will be the sole beneficiary of this HSR
don't know, it just appeared in my mind, that day when i created it. I'm a johorean, i know the traffic history of the southern johor, i won't go so far , but i want to share what i observe 10 yrs ago, i think about 10 yrs ago , traffic jam was very bad, then they widen the roads and added flyovers, closed the traffic lights. Well, it does indeed lessen the traffic BUT what i'm now noticing is the traffic is rising again. So my guess is next 10 yrs, the jam going to be very bad.
Posted by Primeinvestor > May 29, 2018 02:09 PM | Report Abuse
Obviously calvin have not taken into account one thing
Those land where those stations were planned for HSR were disposed earlier to UMNO cronies at cheap price and they are hoping to make a quick gain. Land sale has already taken effect long ago, the ultimate debt and interest payer will be the rakyat
Japan's bullet train is more expensive than flight! And guess what, our double track train stops at Gemas/ Tasik Selatan/ etc, are all these places developed like what they had planned?
I agree with tun M to cancle the HSR, the land acquisition cost have not even been taken into RM60b, total could be more than RM100b, which is crazy, and not to say, some parties (UMNO cronies) will be the sole beneficiary of this HSR
These are some figures:
Iskandar Gerbang HSR Station surrounding lands are owned by UEMS & MULPHA, Nearby got Fast Tract sports own by Tycoon Peter Lim. So these are listed Companies & private investor
In Batu Pahat Star Newspaper Senior Reporter told me BCB owns lands nearby. Again listed company
Haha, so u think UEMS, mulpha, peter lim don pay umno cronies at all? You want HSR because you invested lots of $ in JB, right, too bad for you
the fact is that our GDP cant support such a high cost project unlike Japan, double track and single track from KL to JB did not even add much value to Malaysia, and is running at losses
i do agree to cancel hsr although i holding ytl share (jialat....) goment shd focus on how to get improve on causeway/2nd link or even implement MRT btw JB-SG. think this will benefit more to ppl in jb n sg as well. beside that, jb shd hv LRT. with this slowly can link up jb-skudai-kulai-xxxxxxxxx
Dear all, I quote from my previous blog post: “Everybody deserves a second chance, because life is too complicated to get it right the first time”- SkyLug. Please give Tun M and ourselves a second chance to get it right this time. I thank you. I prepare to give UMNO or BN a second chance too provided they can admit their past mistake and mismanagement and prepare to reform and turn over a new leaf. Unfortunately many of UMNO and BN politicians are still in their denial mentality still trying to claim RM 100+ millions cash found in MO1 and his children’s processing as belonging to UMNO and still insist nothing is wrong with 1MDB, defending the exorbitant price mega projects that cannot generate enough cash flow to services it loan interest or still believe in Arab donation.
As of Tun M he knew that his second coming is a much tougher as many years of abuse of power, blatant disregard for rule of law, rampant corruption, lack of check and balance, indoctrinated of intolerance religion teaching, BN hatred divide and conquer propaganda and intoxication, financial falsehood and misrepresentation, uncontrolled spending, unsustainable and wasteful Mega projects that will not benefit Malaysian (White elephant project), lack of accountability and etc (Some were leave over from his own legacy) had caused severe damage to Malaysia institute, economic, international reputation and etc. Tun M is a man on missions to clean up the corruption culture, the dependency on clutch, the national debt, the leakage, the unsustainable economic model/mega projects and to rebuild the institutional reform, the separation of power, international confident and truth, safeguarding Malaysia sovereign right and exercise Malaysia right in international affair without beholder to any nation. Yes Tun M new cabinet members lack the fineness and experience in dealing with the protocol and proper running of a government ministry, they still have a lot to learn and I can only hope that they learnt fast otherwise we will vote them out comes GE15.
As of relationship with China and Singapore, I quote from below article. http://www.freemalaysiatoday.com/category/opinion/2018/05/29/china-and-singapore-should-do-the-right-thing/ Moral responsibility In the end, we might have little choice but to abide by the terms of the contracts. However, an argument can also be made that both China and Singapore took advantage of a corrupt regime to sign projects that did not meet international standards of good governance and transparency. China, in particular, must have known that the ECRL project was suspect right from the beginning; yet, it went ahead with it. Indeed, China exploited our weaknesses to impose “unequal treaties” (as Mahathir called them) upon us. I submit, therefore, that they have a moral responsibility to do the right thing now and cancel if not renegotiate these agreements with minimum penalty.
Hard lessons in independence Whatever it is, we will now discover who our friends really are. Both China and Singapore can insist on their pound of flesh and use their economic muscle to bully us into maintaining these “unequal treaties” or they can do the right thing and work with our government to find mutually acceptable solutions. They can have their pound of flesh or they can prove themselves the good neighbours they claim to be, but they can’t have both. For Malaysia, it is a lesson, a very expensive lesson, that when we have weak and corrupt leaders, we are vulnerable to exploitation and manipulation. We must never allow ourselves to be put in this position ever again.
Thank you PS: Wishing all a Happy Vesak Day. May your life be full with blessings, peace and happiness on this day of enlightenment.
the cost of construction of HSR definitely has imputed at least RM20-30b of dedak or commission just like the ECRL, if go ahead, Najib & Co will be filthy rich
hollandking don't know, it just appeared in my mind, that day when i created it. I'm a johorean, i know the traffic history of the southern johor, i won't go so far , but i want to share what i observe 10 yrs ago, i think about 10 yrs ago , traffic jam was very bad, then they widen the roads and added flyovers, closed the traffic lights. Well, it does indeed lessen the traffic BUT what i'm now noticing is the traffic is rising again. So my guess is next 10 yrs, the jam going to be very bad. 29/05/2018 14:15
Yes I saw it all
The Boom in Spore traffic from 1980 to 1990 until they build ECP, PIE & TPE Highways
The Boom in KL traffic from 1990 onwards
And Plus
In early 80s I drove from KL to Seremban 4 lanes highway From Seremban no PLUS highway then
PLUS later reached Ayer Keroh. Then I used to drive from Ayer Keroh Highway exited to Melaka, Muar, Batu Pahat then south.
One day it reached Pagoh (still got to travel pass Parit Sulong)
Finally PLUS Highway reached Skudai Toll
No 2nd Link Bridge Yet
BUT FINALLY IN JANUARY 1998 SPORE SECOND LINK OPENED & I DROVE FROM KL TO TUAS IN 4 to 5 HOURS
I TRIED IT OWN ON VOLVO 940 at 160 km Per hour & reached by just 4 hours
ONE DAY I DROVE A BMW 525i AT TOP SPEED OF 220 Km Per Hour & reached Singapore just below 3 hours
SO THE BOOM AND TRAFFIC JAMS IN JOHOR IS A CERTAINTY
THEY ALREADY PLANNED THE SKUDAI ELEVATED HIGHWAY
THE PASIR GUDANG ELEVATED HIGHWAYS
AND THE ISKANDAR BUS RAPIT TRANSPORT
IT IS ALSO A MATTER OF TIME ISKANDAR WILL HAVE ITS OWN MRT AND LRT
i stay jb, public tranport is really suck. you cant survive if you own a car. suggest to hv 2 LRT line, namely along jalan skudai & jalan tebrau. it could hv to build bus interchange along the line which bring ppl from surrounding housing area. sweet dream..................
loonginv i stay jb, public tranport is really suck. you cant survive if you own a car. suggest to hv 2 LRT line, namely along jalan skudai & jalan tebrau. it could hv to build bus interchange along the line which bring ppl from surrounding housing area. sweet dream.................. 29/05/2018 14:45
Try Causeway Link Buses owned by Yinson. They now have 700 Buses going everywhere even to Singapore Jurong East.
MRT IN SKUDAI & TEBRAU IS ALSO A CVERTAINTY
Last time in 1980s I got caught in Cheras Infamous crawl for 7 hours jam one morning
Dear Calvintaneng, I refer, https://en.wikipedia.org/wiki/Railway_electrification_in_Malaysia As of November 2015, the stretch between Padang Besar and Gemas has been completed, with two electrified train services operating on the stretch: the KTM Komuter and the ETS.
What is missing is from Gemas to Johor Baru and then JB to Singapore. For last mile connectivity to Singapore, I propose a people moving MRT underground tunnel to Singapore where Singapore side can build a big underground facility to handle immigration requirement. Thank you.
Dear Calvintaneng, Thank you for pointing up the upcoming JB- Singapore MRT. This project should be give priority and speed up. We definately cannot afford a RM 100 billion HSR. Thank you
Dear Calvintaneng, My brother and his family now take ETS train back to Alor Setar for CNY. The ETS train travel about 140 km /hr and it took less than 5 hour to reach Alor Star. If the Gemas to JB line completed the from KL sentra to JB will take less than 4 hour normal or even less if express KL- JB Thank you.
Calvin, I have been to USA, Sweden, Denmark, Germany, Holland, France, England, Switzerland, Japan, Thailand, Australia, New Zealand and etc. And your answer still is not objective. Where you have been got nothing to do with the economic viability of HSR. I don't follow Mahathir blindly. I don't follow anybody blindly. ANd I don't believe in God and Ghost or any other religion. So you better try hard to be more scientific and objective in your rationale.
Calvin, you cannot avoid the fact that the Japanese government has the highest Debt to GDP ratio on earth because they blindly build HSR and airport causing anemic economic growth or basically stagnant for 30 years. What is so good about the Japanese way of doing things? Are you blind of the fact, that their companies are in no competition with the AMerican companies like Google, Amazon, Facebook, and etc.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by curious2 > 2018-05-29 13:33 | Report Abuse
Dr M think he may not live beyond 2026 when HSR complete? Moreover S'pore-Msia not so much compare to M'sia-China so ECRL more important not HSR?