Malaysia and Singapore 1990 POA

Places No Comments

Malaysia – Singapore Points of Agreement of 1990 (POA) is an agreement between the two country over the issue of the future of railway land owned by the Malaysian government through Malayan Railways (Keretapi Tanah Melayu or KTM) in Singapore. It was signed by Prime Minister of Singapore Lee Kuan Yew and Finance Minister of Malaysia Tun Daim Zanuddin on behalf of their respective countries.

Under the agreement, KTM would vacate its station at Tanjong Pagar and move to Woodlands Train Checkpoint. Railway land at Tanjong Pagar would be handed over to a private limited company for joint development of which its equity would be split 60% to Malaysia and 40% to Singapore.

Tags: .

Leave a Reply

Blog at Entries RSS Comments RSS   Theme: Basic by ThemeLab.