The Kuala Lumpur-Singapore High Speed Rail (HSR) is a strategic project between the Malaysia and Singapore that aims to provide convenient travel between the two capital cities. (Image: Land Transport Authority of Singapore)
Singapore’s Land Transport Authority (LTA) and Malaysia’s MyHSR Corporation has chosen London as the venue for the second industry briefing for the High-Speed Rail (HSR) project that will connect Singapore with Kuala Lumpur, reported Channel NewsAsia.
Both government agencies jointly announced on Wednesday (23 August) that the tender briefing for firms that want to become the assets company for the HSR project will be held on 26 September.
“The tender is open to potential bidders from all over the world. As the first industry briefing was held in Asia, MyHSR and LTA decided to conduct the second industry briefing in Europe.”
MyHSR’s Chief Executive Mohd Nur Ismal Mohamed Kamal revealed that the first briefing held in Singapore on 5 July saw over 400 participants from 165 global and local companies.
“We had robust discussions with the industry and will invite interested parties to attend this second industry briefing,” he noted.
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During the second briefing, LTA and MyHSR will provide updates and additional info arising from important queries fielded by would-be bidders in the first briefing. In will be open to eligible firms who are keen to become HSR’s assets company, with the tender to be called by December.
“Both LTA and MyHSR Corp have been working closely to further develop the tender parameters and technical specifications. We are excited to share new information with the market, so that interested parties can be better prepared,” said LTA CEO Ngien Hoon Ping.
Essentially, the duty of the assets company is to design, build, fund and maintain all rolling stock and rail assets of the HSR project, which is expected to be completed by 2026.
This article was edited by Denise Djong.