Joint Release - SPAD and LTA Conduct Joint Market Sensing Exercise for Kuala Lumpur – Singapore High Speed Rail Project

News Releases 07 Oct 2015 high speed rail (HSR)

Malaysia’s Land Public Transport Commission (SPAD) and Singapore’s Land Transport Authority (LTA) have jointly launched a market sensing exercise via a Request for Information (RFI) on the Kuala Lumpur – Singapore High Speed Rail (HSR) project today.

2. Since the announcement of the HSR by our two Prime Ministers in February 2013, both governments have been working to develop this strategic cross border project further. The RFI, which marks the next phase of the project, is designed as a consultation exercise to gauge market interest in the project and gather industry opinion on selected commercial and technical aspects of the project. The feedback received will inform the ongoing bilateral discussions and formal tender process subsequently.

3. In a joint statement, Malaysian Minister in the Prime Minister’s Department Dato’ Sri Abdul Wahid Omar and Singapore Coordinating Minister for Infrastructure and Minister for Transport Mr Khaw Boon Wan said: “This market sounding exercise marks a major milestone in our HSR journey. It is important for us to be properly informed of the industry views. We want to use this exercise to gauge market interest in the project and solicit views on different models and approaches. The feedback is crucial in helping us refine and validate our options, which will in turn help ensure a successful tender process subsequently”.

4. The RFI exercise is expected to conclude by the end of the year.

5. Interested parties should visit SPAD’s website (www.spad.gov.my) or LTA’s website (www.lta.gov.sg/hsr) for more information.

About the Kuala Lumpur – Singapore HSR

The Kuala Lumpur-Singapore HSR link was first announced by Malaysian Prime Minister Dato’ Sri Mohd Najib Tun Abdul Razak and Singapore Prime Minister Lee Hsien Loong at the Malaysia-Singapore Leaders’ Retreat in February 2013. The HSR link is seen as a strategic development in bilateral relations that will dramatically improve the connectivity between Malaysia and Singapore. With terminus stations in Kuala Lumpur’s Bandar Malaysia and Singapore’s Jurong East, the HSR link aims to cut the travel time between the two cities to 90 minutes.

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