South Korea has signalled its interest in bidding for said project according to deputy transport minister, Datuk Abdul Aziz Kaprawi.
“During the bilateral meeting, I updated Deputy Minister Yeo on HSR, its prospects and opportunities available,” recalled Kaprawi. “I also updated few other rail-based projects such as light rail transit extensions lines and Klang Valley Mass Rapid Transit (KVMRT) projects which have started and targeted to be completed by 2016 and 2017 respectively.”
The Korea Rail Network Authority (KR) will be representing the consortium in the market-sensing exercise, confirmed a spokesperson for South Korea’s Ministry of Land Infrastructure and Transport (MOLIT). The Korean consortium is said to consist of seven construction companies as construction investors, five railway system suppliers, 29 railway design engineers and two financial institutions as monetary investors.
More companies are said to be added in “as soon as possible” to the consortium. The spokesperson also further proved South Korea’s credentials by commenting that it had developed the world’s fourth-fastest high-speed rail, dubbed the Honam High Speed Railway, which was opened for revenue service in April 2015.
Share on:
