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S'pore-KL rail to 'integrate the 2 economies'

Economist adds that it will also boost 1MDB's asset value if it materialises

HITTING PAYDIRT?: One of the biggest beneficiaries of the high-speed rail project would be 1MDB, as the rail project will likely end at its Sungei Besi site, which is to be developed into a township designed to support Greater KL as a new engine of growth.

Kuala Lumpur

THE high-speed rail (HSR) link between Kuala Lumpur and Singapore will boost economic integration between Malaysia and Singapore and, for beleaguered Prime Minister Najib Razak, could also lift the asset value of his brainchild 1MDB, the Bank of America Merrill Lynch (BoAML)