China rail offers ‘value and safety’

Li: China’s consortium can provide ‘the best cost-performance value among the bidders’.

CHINA Railway Group Ltd, a member of the Chinese consortium bidding for the Kuala Lumpur-Singapore High Speed Rail (HSR), is confident the consortium can emerge winner as “it can provide the best cost-performance value among the bidders”.

“If you look at price-performance ratio, ours will be the best. When you look at the unit price per kilometre, generally our cost is US$30mil (RM118.7mil). For the European and Japanese, their average cost is US$50mil (RM197.9mil) to US$60mil (RM237.5mil) per km or more,” said Li Jianping, director of Asian business of China Railway Group, in an interview in Beijing.