Tuesday, November 24, 2015

KL-Singapore high speed rail: 98 submissions for request for information exercise

KL-Singapore high speed rail: 98 submissions for request for information exercise

A TOTAL of 98 submissions were received by Malaysia's Suruhanjaya Pengangkutan Awam Darat (SPAD) and Singapore's Land Transport Authority (LTA) in response to the joint request for information exercise on the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
The companies and consortia come from across the HSR value chain and include entities based in Malaysia, Singapore, the Asia-Pacific, Europe, the Middle East and North America.
"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 are heartened by the support we have received, and look forward to our continued partnership with the private sector to deliver this exciting and iconic project," said SPAD and LTA in a joint statement.
The governments of Malaysia and Singapore expect to finalise the commercial model and procurement approach of the project by next year.

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