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. The RFI exercise is expected to conclude by the end of the year.
Since the announcement of the HSR by the 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.
“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,” it says in a joint statement.
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