SINGAPORE: The Malaysia-Singapore Joint Implementation Team (MSJIT) has wrapped up its fifth meeting, held in Kuala Lumpur over the last two days on December 22 and 23.
A joint statement from the two Foreign Ministers said the senior officials have continued to discuss and finalise issues related to the implementation of the Points of Agreement and the Joint Statements between Prime Minister Lee Hsien Loong and his Malaysian counterpart Najib Razak on May 24 and September 20 this year.
Among them – the decision by Singapore and Malaysia to a land swap agreement in exchange for pockets of Malayan railway land in Singapore.
The land swap involves four land parcels in Singapore's financial district in Marina South, as well as two pieces of land in the Ophir-Rochor area.
These go toward implementing the 1990 Points of Agreement (POA), on Malaysian Railway Land in Singapore.
Singapore and Malaysia are also working closely to develop an iconic wellness township project in Iskandar Malaysia and a Rapid Transit project by 2018.
The Foreign Ministers added that both sides have engaged in friendly and constructive discussions, demonstrating the shared commitment to conclude the work of the Joint Implementation team in accordance with its mandate.
Channel News Asia