The funding structure for the project is currently being finalised and an announcement on the agreed allocation of costs is expected after the signing of the MoU.
The MoU will provide a foundation for a bilateral treaty on the project, which is likely to be signed at the end of the year.
The line will start at a new station in Kuala Lumpur as part of the 197-hectare Bandar Malaysia urban development project, which utilises the site of a former airport, continuing south via Seremban, Melaka, Muar, Batu Pahat, and Nusajaya before terminating at Jurong East in western Singapore.