PETALING JAYA,Jan 4: The cost of compensating Singapore for the cancellation of the High-Speed Rail project cannot be revealed, says Minister in the Prime Minister’s Department for economic affairs, Mustapa Mohamed.
In a Facebook post, Mustapa said the government has yet to receive details on the compensation as they would cover certain costs incurred by Singapore for the project.
“We are waiting for the details from Singapore and once we receive them, they will be studied and confirmed. These claims are allowed and have been agreed to.
“But the amount cannot be revealed because under the bilateral agreement, both countries are bound by a secrecy clause.”
Still, he said, the government would discuss the matter with Singapore and try to get the country’s approval to share the information on the compensation.