KUALA LUMPUR: MyHSR Corporation Sdn Bhd (MyHSR Corp) is embarking on a full-fledged Request For Information (RFI) exercise to enable the private sector to officially submit concept proposals to develop and operate the Kuala Lumpur-Singapore High-Speed Rail (KL-S’pore HSR) project via a public-private partnership model.
In a statement today, MyHSR Corp said, to further assist the government in making informed decisions, the RFI exercise will be opened to local and international firms and consortia to submit their concept proposals.
"The exercise will allow the government to assess the industry’s interest and ability to fully fund the project while evaluating their capabilities by looking into areas such as technical specifications, project costing, commercial and business models, as well as consortium and governance framework,” it said.
The RFI exercise marks the government’s initiative to reactivate the KL-S’pore HSR project via new funding mechanisms and implementation models in efforts to further improve the rail transport infrastructure and to invigorate the national economy.
MyHSR Corp had earlier engaged with selected private companies during the initial information-gathering stage to understand the level of interest, capabilities, and resource requirements needed to make this project sustainable.
MyHSR Corp chairman Datuk Seri Fauzi Abdul Rahman said the KL-S’pore HSR project would bring tremendous benefits to the people, particularly in enhancing and expanding economic dynamism from the Klang Valley to the Southern Corridor of the peninsula, and eventually to the rest of Malaysia.