Kang: ‘We are well prepared to cover all aspects of the HSR development.’
KUALA LUMPUR: State-owned Korea Rail Network Authority (KRNA) is leading a consortium of 50 enterprises and is currently in discussion with a few potential local partners to bid for the RM40bil Kuala Lumpur-Singapore high speed rail (HSR) project.
The authority’s chairman and chief executive officer Kang Yeong Il said this would be the first time both rail-related South Korea government agencies and private corporations formed a consortium in such a large scale to bid for the country’s first HSR line.
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