KL-Singapore HSR Project Receives 98 Submissions For FIR Exercise

SINGAPORE, Nov 26 (Bernama) -- Malaysia’s Public Land Transport Commission (SPAD) and Singapore’s Land Transport Authority (LTA) have received 98 submissions in response to the joint Request for Information (RFI) exercise on the Kuala Lumpur-Singapore High Speed Rail (HSR) project. In a joint statement, they said the companies and consortia came from across the HSR value chain and included entities based in Malaysia, Singapore, the Asia Pacific), Europe, the Middle East and North America. SPAD chief executive officer (CEO) Mohd Azharuddin Mat Sah and LTA CEO, Chew Men Leong said: "We are grateful for the strong feedback that the market has provided us on our project. "We will study the responses thoroughly and consider how the project’s commercial model and procurement approach can be further improved. "We look forward to our continued partnership with the private sector to deliver this exciting and iconic project." The governments of Malaysia and Singapore expect to finalise the commercial model and procurement approach of the project by next year. -- BERNAMA