Updated: 02/20/2013 01:01

Singapore, Malaysia agree to build high-speed rail link

It'll take about 90 minutes to get from Singapore to Kuala Lumpur and vice versa, with a new High Speed Rail System that Singapore and Malaysia will be building.

They hope to get the system ready by 20-20.

This was announced by Singapore Prime Minister Lee Hsien Loong and his Malaysian counterpart, Mr Najib Razak, on Tuesday afternoon during their annual Leaders' Retreat.

Both leaders described the High Speed Rail System as a strategic development in bilateral relations that'll dramatically improve connectivity.

Mr Lee said it will also improve business links and bring the people of Singapore and Malaysia closer together.

Mr Najib says a joint ministerial committee will be working on the details of the project.