MyHSR Corp chief executive Mohd Nur Ismal Mohamed Kamal.
KUALA LUMPUR: MyHSR Corp Sdn Bhd’s and Land Transport Authority (LTA) have received positive responses from regional and global companies in the high-speed rail (HSR) industry to participate in the briefing, which is scheduled to take place on July 5 in Singapore.
Chief executive officer Mohd Nur Ismal Mohamed Kamal said the companies were expected to form a consortium among them to bid for AssetsCo tenders of the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR). (AssetsCo will be in charge of trains and railway assets.)
“The briefing is set to provide updates on the indicative AssetsCo tender parameters and technical specifications for the KL-SG HSR project.
“Among the consortiums that we can expect to see will be coming from China, Japan, South Korea and Europe,” he told a media briefing on the update of the KL-SG HSR project on Tuesday.
Nur Ismal said a briefing pack containing preliminary AssetsCo tender requirements would be provided to all registered companies, which covered topics such as the HSR project structure, AssetsCo’s procurement approach, HSR network description, revenue services and train fleet, regulatory framework, commercial principles and network code.
AssetsCo will be responsible for designing, building, financing and maintaining all rolling stock.
In addition to leasing the rolling stock to train operation companies, he said, AssetsCo would also design, build, finance, operate as network manager and maintain rail assets.
After the briefing, he said, MyHSR and LTA would meet individual companies as a platform for them to provide feedback and share any concerns regarding the developments of the project.
MyHSR and LTA are expected to call the AssestCo tender in the fourth quarter of this year, he said.
The KL-SG HSR project, spanning 350km across eight stations from Bandar Malaysia to Jurong East Station in Singapore, is expected to be completed by end-2026. - Bernama
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