KUALA LUMPUR: Consortiums from China, Japan, Korea and European countries are expected to participate in the assets company (AssetsCo) tender for the Kuala Lumpur-Singapore high-speed rail (HSR) project.
The tender, to be called during the fourth quarter of this year, is expected to be among the largest in the world, according to MyHSR Corp, the agency tasked with overseeing the bilateral project that aims to bridge Kuala Lumpur (at Bandar Malaysia) with Singapore’s Jurong East via a pair of rail tracks across 350km.
At a media briefing, MyHSR chief executive officer Mohd Nur Ismal Mohamed Kamal said the AssetsCo would be responsible for the provision of trains, tracks, signaling and communications systems.
The AssetsCo would then lease the trains to the OpCo International and OpCo Domestic, for which the tenders will be called at a later date.
The AssetsCo consortium is expected to have expertise in areas including traffic control and communications systems providers, rolling stock providers, network operators, asset managers of networks, financiers and investors.
An industry briefing will be held in Singapore next month in preparation for the AssetsCo tender.
