By FARA AISYAH
Malaysia’s MyHSR Corp Sdn Bhd and Singapore’s Land Transport Authority (LTA) will jointly conduct a second industry briefing to continue the market engagement process for the Kuala Lumpur-Singapore High Speed Rail (KL-SG HSR) project, while sharing updates on the AssetsCo tender.
Both authorities will also respond to the key queries raised by the market, following the first industry briefing held on July 5 this year.
In a joint statement yesterday, MyHSR Corp and LTA said the second briefing, set on Sept 26, will be open to qualified entities interested in participating in the project’s AssetsCo tender, which is to be called by year-end.
c is responsible for designing, building, financing and maintaining all rolling stock, as well as designing, building, financing, operating and maintaining all rail assets including track work, power, signalling and telecommunications.
It will also coordinate the system’s network capacity for operations and maintenance needs.
MyHSR Corp CEO Datuk Mohd Nur Ismal Mohamed Kamal said the first industry briefing in Singapore was successful with over 400 participants from 165 international and local entities.
“We had robust discussions with the industry and will invite interested parties to attend this second industry briefing.
“We believe these sessions will equip the market with information to form partnerships and prepare for the upcoming AssetsCo tender,” he said in the same media statement.
In addition to that, LTA CEO Ngien Hoon Ping said both agencies have been working closely to further develop the tender parameters and technical specifications since the first industry briefing.
“We are excited to share new information with the market, so that interested parties can be better prepared.
“We look forward to continuing the dialogue with the industry in September and receiving quality bids in
the AssetsCo tender,” he added.
The KL-SG HSR is a strategic project between the two governments that aims to facilitate seamless travel between the two countries and enhance business linkages.
Both governments signed a bilateral agreement on Dec 13, 2016, which captured the key points of agreement on the project, including the technical parameters, commercial model, customs, immigration and quarantine clearance, safety and security matters, regulatory structure and project management approach.
The HSR is targeted for commencement by Dec 31, 2026.