PETALING JAYA: Berjaya Group is on the lookout for a new partner as it continues its bid for the multibillion-dollar high-speed rail (HSR) project linking Kuala Lumpur and Singapore, following the withdrawal of Malaysian Resources Corp Bhd (MRCB) from its consortium.
Berjaya’s founder Tan Sri Vincent Tan Chee Yioun confirmed the development, stating, “As a consortium, we have put in a proposal for the project. After MRCB’s pullout, we may bring in a new partner.”
The HSR project aims to reduce travel time between the two cities to just 90 minutes. Initially projected to cost up to RM100bil as a government-funded initiative, the project will now be fully financed by the private sector.
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