Evaluation of KL-Singapore HSR concept proposals to take two months, Parliament told
The MOT said all interested firms/consortiums had been informed that the government will not provide any loan guarantee for this project.
The MOT said all interested firms/consortiums had been informed that the government will not provide any loan guarantee for this project.
The consortium led by BRail submitted the request for information (RFI) concept proposal for the project shortly before the submission deadline, according to sources.
“If the response is positive, we will move on to the second phase with the Request for Proposal (RFP) stage to obtain detailed proposals from the selected consortia.
Transport Minister Anthony Loke: If Japanese companies are not interested in entering the tender, it is up to them.
“More than 60% of the companies have requested for an extension of time as they required more time to form consortiums with potential partners and explore financial options, among others.
CGS-CIMB said cement industry's prospects will look brighter post the fourth quarter of calendar year 2023 once there is clarity on the MRT3, Bayan Lepas Light Rail Transit and HSR, which have a combined value of circa RM90 billion.
The global industry players were from the United Kingdom, Spain, Germany, the Netherlands, Australia, mainland China, South Korea, Japan, Hong Kong, Thailand and Singapore, said MyHSR in a statement.
Apart from that, rentals for condominiums in Singapore grew 32% annually in the first quarter of 2023, while the government has also imposed a steeper stamp duty starting April.
“So far, the response has been positive.
KUALA LUMPUR (July 16): CGS-CIMB Research said the conclusion of the Johor Bahru-Singapore Rail Transit System (JB-Singapore RTS) bilateral agreement in end-July may be a prelude to a likely favourable outcome at the KL-Singapore High-Speed Rail's (HSR) end-2020 review deadline.