On the briefing, MyHSR and LTA said 400 participants from across the entire HSR value chain were present.
These included suppliers and integrators of rolling stock and system, network operators, engineering and legal consultants, financiers and investors, operators and construction companies. MyHSR chief executive officer Mohd Nur Ismal Mohamed Kamal said the HSR was a large transport infrastructure project for both countries and would be implemented in an efficient manner.
The briefing was to inform the participants on the progress of the project, including indicative tender parameters, procurement processes and the harmonisation of regulatory requirements for the upcoming AssetsCo tender.
It also served as a platform to encourage interested companies to form consortia to participate in the tender.
“It is essential that we explore all opportunities for innovation to ensure that the project is implemented in the most efficient manner.
The project will be implemented in phases and this current phase focuses on the AssetsCo tender. Other tenders such as the civil and operating company tenders will be developed according to the project timeline and announcements will be made in due course,” said Nur ismal in the statement.
The AssetsCo is responsible for designing, building, financing and maintaining all rolling stock, as well as designing, building, financing, operating and maintaining all rail assets such as track-work, power, signalling and telecommunications.
“The AssetsCo will also develop and implement a Network Code, to coordinate the system’s network capacity for operations and maintenance needs.
The AssetsCo tender will prioritise safety and security, availability and reliability, proven technology, operations flexibility, customer centric design, value for money, and collaborative project implementation as procurement objectives,” said Nur Ismal. Additional reporting by Farah Adilla