Malaysia’s High-Speed Rail Dilemma: Japan Withdraws from Bidding, Unwilling to Be the ‘Fall Guy’ Anymore
Japan withdraws from bidding for the Kuala Lumpur-Singapore High-Speed Rail project amid concerns over financing and risks. The project, initially contracted to China and later halted by Malaysia for political reasons, faces uncertainties as Malaysia seeks private financing. Japan’s decision reflects its cautious approach following previous international railway project challenges.
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