KL-Singapore High Speed Rail sees global interest
KUALA LUMPUR (Nov 25): Malaysia's and Singapore's land-transport regulators said they received 98 submissions in response to the request-for-information exercise for the planned Kuala Lumpur-Singapore High Speed Rail (HSR) project.
In a joint statement today, Malaysia's Land Public Transport Commission (SPAD) and Singapore's Land Transport Authority (LTA) said these companies and consortia came from across the HSR value chain.
They include entities from Malaysia, Singapore, the Asia-Pacific, Europe, the Middle East, and North America, according to the regulators.
"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. The governments of Malaysia and Singapore expect to finalise the commercial model and procurement approach of the project by next year," SPAD chief executive officer (CEO) Mohd Azharuddin Mat Sah and LTA CEO Chew Men Leong said.
Of the 98 submissions, there were 13 from Malaysia and four from Singapore.
A total of 56 submissions came from Europe, 14 from East Asia, seven from North America, three from Oceania, and one from the Middle East.
The HSR is a closely-watched project as it is expected to change the Kuala Lumpur-Singapore transport landscape. SPAD's website indicates that the HSR aims to cut travel time between Kuala Lumpur and Singapore to 90 minutes.
According to SPAD, the HSR has seven proposed stations, of which, six will be in Malaysia.
The Malaysian stations have been planned at Bandar Malaysia, Seremban, Ayer Keroh, Muar, Batu Pahat and Nusajaya. Singapore has identified Jurong East as a terminal location for the HSR. -- theedgemarkets.com