KUALA LUMPUR: MyHSR Corporation Sdn Bhd and the Land Transport Authority of Singapore (LTA) will jointly conduct a second industry briefing on September 26 to continue the market engagement process for the Kuala Lumpur – Singapore High Speed Rail (HSR) project.
The briefing will share additional information and updates from both MyHSR Corp and LTA in relation to the assets company (AssetsCo) tender and in response to the key queries raised by the market following the first industry briefing event held on July 5, the companies said in a joint statement today.
Similar to the previous industry briefing held in Singapore, the second industry briefing will be open to qualified entities who are interested in participating in the project’s AssetsCo tender, to be called by end of this year.
The AssetsCo is responsible for designing, building, financing and maintaining all rolling stock, as well as designing, building, financing, operating and maintaining all rail assets (i.e. track-work, power, signalling and telecommunications).
It will also coordinate the system’s network capacity for operations and maintenance needs.
MyHSR Corp chief executive officer Datuk Mohd Nur Ismal Mohamed Kamal said: ““The first Industry Briefing in Singapore was a successful event 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 briefing.
“We believe these sessions will equip the market with information to form partnerships and prepare for the upcoming AssetsCo tender.”
LTA chief executive Ngien Hoon Ping said: “Since the first briefing in July, both LTA and MyHSR Corp have been working closely to further develop the tender parameters and technical specifications.
“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.”
The Kuala Lumpur-Singapore HSR is a strategic project between the Governments of Malaysia and Singapore that aims, among others, to facilitate seamless travel between Kuala Lumpur and Singapore.
The Governments of both countries signed a bilateral agreement on December 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 Kuala Lumpur-Singapore HSR will open with eight stations: Bandar Malaysia, BangiPutrajaya, Seremban, Melaka, Muar, Batu Pahat and Iskandar Puteri stations in Malaysia and the Jurong East station in Singapore, with operations of the Express Service between Kuala Lumpur and Singapore targeted for commencement by December 31, 2026.
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