IMT-GT Summit approves 40 projects worth RM204.04 bln

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Najib chairs the 10th IMT-GT Summit, in conjunction with the 30th Asean Summit in Manila, Philippines. 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 IMT-GT Summit in Manila, Philippines. — Bernama photo

KUALA LUMPUR: 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.

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. — Bernama