AssetsCo will be responsible for designing, building, financing, operating and maintaining all rolling stock and rail assets, including track-work, power, signalling and telecommunications.

It will also coordinate the system’s network capacity for operations and maintenance needs.

“The first Industry Briefing saw over 400 participants from 165 international and local entities, and we had robust discussions with them.

“We will be inviting interested parties to attend this second Industry Briefing, as these sessions will provide the market with information to form partnerships and prepare for the upcoming AssetsCo tender,” said MyHSR Corp Chief Executive Officer, Datuk Mohd Nur Ismal Mohamed Kamal.

Both LTA and MyHSR Corp have been working closely to further develop the tender parametres and technical specifications, said LTA Chief Executive, Ngien Hoon Ping.

“We are looking forward to sharing 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 for the AssetsCo tender,” he added.

Interested parties can visit the MyHSR Corp website or the LTA website for more information on registration details for the Industry Briefing. — Bernama