Industry Briefing For Kuala Lumpur-Singapore High Speed Rail To Attract Regional, Global Entities

KUALA LUMPUR, June 6 (Bernama) – An industry briefing, in preparation for the assets company (AssetsCo) tender for the Kuala Lumpur – Singapore High Speed Rail (HSR) project, is expected to attract the participation of regional and global entities. To be held next month, the briefing will be jointly organised by MyHSR Corporation Sdn Bhd (MyHSR) of Malaysia and the Land Transport Authority of Singapore (LTA) and is open to all qualified entities. The briefing will serve as a platform for MyHSR and LTA to share key features of the HSR project, as well as indicative AssetsCo tender parameters and technical specifications. It will also provide an opportunity for a dialogue between MyHSR, LTA and the industry as well as those interested in participating in the project tender by AssetsCo, to be called by year-end. AssetsCo will be responsible for the design, building, financing and maintenance of all rolling stock, as well as designing, building, financing, operating and maintaining all rail assets. In a joint statement Tuesday, MyHSR Chief Executive Officer Mohd Nur Ismal Mohamed Kamal and LTA Chief Executive Ngien Hoon Ping said the industry briefing marked yet another milestone in the HSR journey. “Since the bilateral agreement was signed last December, we have received indications of strong market interest in this project. We hope to receive strong interest for this industry briefing too,” they said. Mohd Nur Ismail and Ngien said in line with the exercise conducted for the joint request for information in December 2015, the two parties believe in interacting with the industry, to allow for a well informed and successful competitive AssetsCo tender, which will be conducted in an open, fair and transparent manner. Interested parties can visit the MyHSR website (www.myhsr.com.my) or LTA website (https://www.lta.gov.sg/content/ltaweb/en/featured-projects/hsr.html) for more information on registration for the industry briefing. -- BERNAMA