News & Articles Malaysia, Singapore inching forward with high speed rail plan
Malaysia, Singapore inching forward with high speed rail plan
7 Oct 2015
Malaysia’s Land Public Transport Commission (SPAD) and Singapore’s Land Transport Authority (LTA) today launched a market sensing exercise via a request for information (RFI) on the Kuala Lumpur–Singapore high speed rail (HSR) project.
In a joint statement, they said since the announcement of the HSR in February 2013, both governments have been working to develop this strategic cross-border project further.
“The RFI, which marks the next phase of the project, is designed as a consultation exercise to gauge market interest in the project and gather industry opinions on selected commercial and technical aspects of the project.”
The feedback received will be used in the ongoing bilateral discussions and formal tender process subsequently, they added. The RFI exercise is expected to conclude by year-end.
Malaysian Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar and Singapore Coordinating Minister for Infrastructure and Minister for Transport Khaw Boon Wan said this market sounding exercise marks a major milestone in the two countries’ HSR journey.
It is important for us to be properly informed of the industry views. We want to use this exercise to gauge market interest in the project and solicit views on different models and approaches.
“The feedback is crucial in helping us refine and validate our options, which will in turn help ensure a successful tender process subsequently.”
In a joint statement, they said since the announcement of the HSR in February 2013, both governments have been working to develop this strategic cross-border project further.
“The RFI, which marks the next phase of the project, is designed as a consultation exercise to gauge market interest in the project and gather industry opinions on selected commercial and technical aspects of the project.”
The feedback received will be used in the ongoing bilateral discussions and formal tender process subsequently, they added. The RFI exercise is expected to conclude by year-end.
Malaysian Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar and Singapore Coordinating Minister for Infrastructure and Minister for Transport Khaw Boon Wan said this market sounding exercise marks a major milestone in the two countries’ HSR journey.
It is important for us to be properly informed of the industry views. We want to use this exercise to gauge market interest in the project and solicit views on different models and approaches.
“The feedback is crucial in helping us refine and validate our options, which will in turn help ensure a successful tender process subsequently.”
Source: Therakyatpost.com