Japan Eyes Singapore-Malaysia Bullet Train After India Deal
- Singapore-Malaysia line will cut travel time to 90 minutes
- Japan's premier has pledged to triple infrastructure exports
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Japan, fresh from a $15 billion rail win in India over China, aims to sell its bullet trains to a high-speed line being planned between Singapore and the Malaysian capital, opening a new market for companies from Hitachi Ltd. to Mitsubishi Heavy Industries Ltd.
The government supports such a bid, Japanese Transport Minister Keiichi Ishii told reporters Tuesday in Tokyo. Cooperation between the government and business leaders was crucial in clinching the deal with India last week, he said.