Task : Potential Benefits of HSR and ECRL to the people living nearby
1. The Benefits of HSR
What is HSR ? For information, in 2010, the Malaysian
Government launched the Economic Transformation Programme ( ETP ) with the
objective of transforming the country into a high-income nation by the year
2020. Under the Greater Kuala Lumpur/ Klang Valley National Key Economic Area (
NKEA ) component of the ETP is the Southern Corridor High Speed Rail Project,
popularly known as the HSR project.
The initiative is one of the Entry
Point Projects ( EPPs ) that aims to improve both the economic dynamism of Malaysia's
capital city as well as its liveability rankings relatives to other global
cities. The 330 KM journey- which includes five transit stops will take a mere
90 minutes ( for express ) and promises to bring great economic benefit to
Malaysians. HSR connect Malaysia to Singapore.So,what are the benefits ?
Another essential benefit of the Singapore-Kuala Lumpur High-Speed Rail
to Malaysia is the direct job opportunities it will present. From the
construction till the operations, many Malaysians will be directly involved in
various capacity and manpower. Also, This will result to the upspringing of
business opportunities around Jurong East terminus in diverse sectors including
tourism, hospitality, retail, logistics and much more.
Finally, business activities will begin to overflow into Malaysia from
Singapore. Shopping malls and other business properties will start to
spring up in other towns in places close to the train routes in Malaysia,
especially, Johor. This will increase the growth rate of Johor and the property
sector too. Many Singaporeans already live in Johor but, more will begin to own
and develop resources.
2. The Benefits of ECRL
ECRL is the rail line that cover around 600 Km will begin at Port Klang in
Selangor and snake through Kuala Lumpur towards Bentong, Mentakab and Kuantan
in Pahang, and then to Terengganu's Kemaman, Kertih and Kuala Terengganu,
before proceeding to Kota Baru and ending in Tumpat, Kelantan.This project get
the cooperation with China which is China will build and provide financing
for Malaysia’s East Coast Rail Link (ECRL), a RM55 billion (S$18.3 billion)
rail project spanning four states, said a senior Malaysian official on Monday
(31 Oct 2016), as Prime Minister Najib Razak arrived in Beijing for a week-long
visit.
The
ECRL has a big potential to unlock value for cities along the alignment,
boosting tourism and industrial activities.
A
rail link which will finally connect ports on the east coast with Malaysia's
largest port in Port Klang on the west coast will be a game-changer and offer
unique logistic and transportation advantages. This is the vision of the Prime
Minister for the rakyat in the east coast states of peninsular Malaysia.
Development
of these new growth areas in Malaysia's eastern corridor will help
increase income levels and uplift the standard of living in these areas in
order to narrow the development gap with the western corridor of peninsular
Malaysia.
The
ECRL project will act as stimulus for the construction sector and
when completed, it will form part of the Pan-Asia railway network that will
boost connectivity with ASEAN, Asian and European countries that will greatly
boost international trade for Malaysia.
This
ECRL project will contribute as much as an additional 1.5% GDP annual growth on
average to the East Coast Region over the next 50 years where the main
beneficiaries would be the rural and semi-rural rakyat of the East coast
states.Due to its many economic and development benefits, the government will
ensure that this project will be successfully implemented as one of the key
initiatives by the Prime Minister towards a balanced, developed, and
high-income Malaysia.
As
conclusion, we can conclude that HSR is the railway that build between
Malaysia-Singapore while ECRL is the rail line build from Kuala Lumpur-Tumpat
in Malaysia.
KK
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