Sunday, September 22, 2013

Competitive ticket pricing for HSR

By Sharen Kaur
Published in NST on Sept 12, 2013

THE ticket price for the proposed high-speed rail (HSR) link between Malaysia and Singapore will be cheaper than travelling via a budget airline, says the chief of the Land Public Transport Commission (SPAD).

Chief executive officer Nur Ismal Mohamed Kamal said the HSR link is not a project for the well-to-do and high-end market but those in the lower end of the pyramid.

SPAD, as the lead agency for the project, has been carrying out feasibility studies on the fare structure, Nur Ismal said.

"There won't be a fix pricing. This means we can offer fares for as low as RM1 during the promotional period, but it will depend on the operator," Nur Ismal said at the Rail Business Asia 2013 conference, here, yesterday.

About 3.5 million passengers travel via air on the KL-Singapore route every year. The growth rate per year is about 6.8 per cent.

Nur Ismal expects many budget travellers to use the HSR service when it is operational in 2020.

Besides being an affordable way to commute to and from Singapore, it will cut travel time between the two countries to 90 minutes.

At present, it takes up to eight hours to travel between the two cities by train; five hours by bus and car and 45 minutes by flight.

Nur Ismal said negotiations between Malaysia and Singapore on the implementation of the HSR link will start next month and may last for about a year.

The construction for the HSR line may commence in 2015.

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