Economics
Asia Embraces Bullet Trains as Singapore-Malaysia Deal Looms
- Singapore-KL link will follow projects in Indonesia, India
- China, Japan bids for rail projects challenging European firms
Why Asia Embraces Bullet Trains
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Asia is embracing bullet trains like never before.
Singapore and Malaysia signed an agreement Tuesday that will bring a high-speed rail link to Kuala Lumpur by 2026. The long-envisioned plan, six years behind an earlier target completion date, follows a $5.5 billion project already underway in Indonesia. India last year chose Japan to build a $15 billion network, its first.