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KUALA LUMPUR (Aug 23): Malaysia's MyHSR Corp Sdn Bhd and Singapore's Land Transport Authority (LTA) will jointly conduct a second industry briefing this Sept 26, as both government-linked entities prepare to solicit bids for the Kuala Lumpur-Singapore High Speed Rail (HSR) assets company (AssetsCo).
In a joint statement today, MyHSR and LTA said they would share additional information on the AssetsCo tender at the briefing. MyHSR and LTA said the second briefing followed the first event on July 5 this year.
"Similar to the previous industry briefing held in Singapore, the second industry briefing will be open to qualified entities who are interested in participating in the project’s AssetsCo tender, to be called by end of this year.
"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 (e.g. track-work, power, signalling and telecommunications). It will also coordinate the system’s network capacity for operations and maintenance needs," MyHSR and LTA said. — theedgemarkets.com
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