On the HSR, YTL Corp group’s strategy is to propose to the government an alternative HSR model with a potential 30% reduction in the total original construction (civil works) cost of RM45bil.
KUALA LUMPUR: CGS-CIMB Equities Research is cautiously optimistic on YTL Corp’s strategy of making a comeback in the KL-Singapore high-speed rail (HSR) space ahead of the May 2020 deadline of the HSR’s review period.
In its report issued on Wednesday, it said YTL aims to leverage on its ERL (construction, concession and funding) track record should HSR’s tender rounds emerge in 2H20F (best-case scenario).
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