Briefing for firms interested in high-speed rail assets company tender to be conducted in July

Singapore's Minister for Transport Khaw Boon Wan and Malaysia's Minister in the Prime Minister's Department Abdul Rahman Dahlan sign the High Speed Rail MOU at the Prime Minister's official residence on July 19, 2016.
Singapore's Minister for Transport Khaw Boon Wan and Malaysia's Minister in the Prime Minister's Department Abdul Rahman Dahlan sign the High Speed Rail MOU at the Prime Minister's official residence on July 19, 2016. PHOTO: ST FILE

SINGAPORE - An industry briefing will be conducted in July for firms interested in participating in the tender for the assets company for the Kuala Lumpur-Singapore High Speed Rail (HSR) project.

The briefing will be conducted by Malaysia's MyHSR Corporation - a unit under the Malaysian Ministry of Finance tasked with undertaking the rail project - and Singapore's Land Transport Authority, the two agencies announced in a joint media release on Tuesday (June 6).

The assets company AssetsCo will be responsible for designing, building, financing and maintaining all rolling stock and rail assets such as power and signalling systems.

The briefing is open to all "qualified entities" and will serve as a platform for MyHSR and LTA to share key features of the project, as well as tender parameters and technical specifications.

"It will also provide an opportunity for a dialogue between MyHSR, LTA and the industry," said the two agencies.

Interested parties can visit the MyHSR website or the LTA website for more information on registering for the industry briefing.

The 350km Kuala Lumpur-Singapore HSR is slated to be completed by end-2026 and cut travel time between the two cities to 90 minutes.