A consortium comprising three entities has been named as the joint development partner (JDP) for the US$11 billion (RM48.95 billion) Kuala Lumpur (KL)-Singapore high-speed rail (HSR) project.
The companies taking part in the project are WSP Engineering Malaysia Sdn Bhd, Mott MacDonald (M) Sdn Bhd and Ernst & Young Advisory Services Sdn Bhd.
The JDP contract was jointly awarded by Malaysia’s MyHSR Corp Sdn Bhd and Singapore’s Land Transport Authority (LTA).
In a joint statement yesterday to announce the consortium, MyHSR and LTA said the JDP would provide project management support and technical advice on HSR systems and operations, as well as develop the technical and safety standards to be adopted for the project.
“It will also assist the joint project team — established between MyHSR and LTA — with the preparation of documents for the coming tenders relating to the joint aspects of the project, such as the appointment of the AssetsCo and OpCo International,” the agencies said.
MyHSR CEO Mohd Nur Ismal Mohamed Kamal said the JDP appointment marks the start of a challenging yet exciting journey to bring the KL-Singapore HSR project into a reality.
He said the consortium will join the project team of MyHSR and LTA to further develop the entire project.
“The teams will need to work closely to ensure that the project is delivered successfully. Further announcements will be made soon for other appointments of the project,” he said.
LTA CEO Ngien Hoon Ping, meanwhile, said that with the collective expertise and extensive experience of the consortium in HSR projects around the world, MyHSR and LTA would be able to kick-start the preparation of the coming joint tenders for this strategic project.
“Together with the Advanced Engineering Study contract awarded earlier by LTA to carry out engineering studies for the Singapore stretch of the HSR, these two developments mark the next chapter in our journey to deliver the KL-Singapore HSR project targeted by end-2026,” he said.
The KL-Singapore HSR will have eight stations, namely the termini in Bandar Malaysia and Singapore, and six intermediate stations in Putrajaya, Seremban, Ayer Keroh, Muar, Batu Pahat and Iskandar Puteri.
The project’s rail track length of approximately 350km will cut travel time between the cities to a mere 90 minutes from four hours (by road).
A flight takes around 50 minutes, but airport formalities add to the time taken, besides an average one-hour transportation from KL International Airport to the city centre.
Since the announcement in 2015, the project has attracted attention of rail-related companies from Japan, China, Korea and the US.
A field study by the Land Public Transport Commission had estimated that the HSR will carry up to 49,000 passengers daily by its 10th year of operation, giving rise to an annual ridership of 17.9 million. Annual ridership could hit 251 million by 2060.
The project is also expected to generate an economic impact of RM100 billion to the country’s gross domestic product once operational.
About RM70 billion is expected to gain from construction, operations and multiplier impacts of the mega rail project, while the remaining RM30 billion is targeted from a wider economic benefit via increase in other economic sectors such as property, tourism and services.
The HSR was initially aimed to be operational by 2020, but was pushed back by the prime ministers of Malaysia and Singapore, citing the complexity of the project.