Thursday 28 Mar 2024
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This article first appeared in The Edge Financial Daily, on November 26, 2015.

 

KUALA LUMPUR: The Malaysian Land Public Transport Commission (Spad) and Singapore’s Land Transport Authority (LTA) announced that they had received 98 submissions in response to the joint request for information (RFI) exercise on the Kuala Lumpur-Singapore High Speed Rail (HSR) project.

In a joint statement yesterday, Spad and the LTA said these companies and consortia come from across the HSR value chain, which includes entities based in Malaysia, Singapore, Asia-Pacific, Europe, the Middle East and North America.

Of the total submissions, there were 13 from Malaysia, 56 from Europe, 14 from East Asia, seven from North America, four from Singapore, three from Oceania and one from the Middle East.

Both agencies also mentioned that the two governments expect to finalise the commercial model and procurement approach of the project by next year.

“We will study the responses thoroughly, and consider how the project’s commercial model and procurement approach can be further improved,” Spad chief executive officer Mohd Azharuddin Mat Sah and his Singaporean counterpart Chew Men Leong said.

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