Kuala Lumpur – Singapore HSR Project Second Industry Briefing Announced

MyHSR Corporation of Malaysia and Singapore’s Land Transport Authority (LTA) will jointly conduct a second Industry Briefing from 9:00 to 11:00 AM on 26 September 2017 in London (UK) to continue the market engagement process for the Kuala Lumpur – Singapore High Speed Rail (HSR) project.

The second Industry Briefing will share additional information and updates from both MyHSR Corp and LTA in relation to the Assets Company (AssetsCo) tender and in response to the key queries raised by the market following the first Industry Briefing event held on 5 July 2017.

The event will consist of a two-part programme which will include:

1-A briefing to provide in-depth information as well as clarify key queries arising from the first industry briefing, focusing on the following areas: HSR Project Requirements, Network Code, Payment Mechanism (incl. Train Lease Fee), Contractual Structure, Interface Management within the HSR Project, Tendering Programme, Evaluation Criteria
2-The opportunity for a focused face-to-face meeting on the key themes above with representatives of MyHSR Corp and LTA, subject to availability

The first Industry Briefing in Singapore saw over 400 participants from 165 international and local entities.

Similar to the first Industry Briefing held in Singapore, the second Industry Briefing will be open to qualified entities who are interested in participating in the project’s AssetsCo tender, to be called by the end of 2017. The AssetsCo will be responsible for designing, building, financing and maintaining all rolling stock, as well as designing, building, financing, operating and maintaining all rail assets. It will also coordinate the system’s network capacity for operations and maintenance needs.

MyHSR Corp Chief Executive Officer Mohd Nur Ismal Mohamed Kamal stated: “We had robust discussions with the industry and will invite interested parties to attend this second Industry Briefing. We believe these sessions will equip the market with information to form partnerships and prepare for the upcoming AssetsCo tender.”

LTA Chief Executive Ngien Hoon Ping stated: “We are excited to share new information with the market, so that interested parties can be better prepared. We look forward to continuing the dialogue with the industry in September and receiving quality bids in the AssetsCo tender.”

First conceived in 2013, the 350 km long Kuala Lumpur – Singapore High Speed Rail is expected to reduce travel time between Singapore and the Malaysian capital Kuala Lumpur to 90 minutes.

The project envisages the construction of a brand new rail line with dedicated tracks that will allow trains to travel at a maximum speed of 300 km/h. It aims to facilitate seamless travel between the two capital cities, enhance business linkages, and connect the peoples of both countries closer together.

The line will consist of eight stations, seven of which will be in Malaysia:

1-Kuala Lumpur (Bandar Malaysia)
4-Ayer Keroh
6-Batu Pahat
7-Iskandar Puteri
8-Singapore (Jurong East)

Writer: John Carlo Ottaviani

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