Six consortiums show interest in (AssetsCo) tender for HSR

Six consortiums show interest in (AssetsCo) tender for HSR

By AMIR HISYAM RASID - April 11, 2018

KUALA LUMPUR: Consortiums from six different countries are keen to participate in the assets company (AssetsCo) tender for Kuala Lumpur–Singapore High Speed Rail (HSR).

MyHSR Corp chief executive officer Datuk Mohd Nur Ismal Mohamed Kamal said the consortiums are expected to submit their bid ahead of the June deadline this year.

MyHSR Corp chief executive officer Datuk Mohd Nur Ismal Mohamed Kamal says the consortiums are expected to submit their bid ahead of the June deadline this year. NST picture by ASYRAF HAMZAH.

The winner of the lucrative contract, which will also provide opportunities for local companies to participate, will be revealed in December, he added.

“So far, we have six countries that have expressed their interests to participate. The companies from these countries - European, Japan, China, South Korea, Singapore and Malaysia – are forming up consortiums.

“These companies have the scale in the system works. They have the end to end solution,” he told a press conference at the National Supply Chain Conference on Rail Projects and Career Fair 2018.

The AssetsCo would be responsible for the provision of trains, tracks, signaling and communications systems.

It would then lease the trains to the OpCo International and OpCo Domestic, for which the tenders will be called at a later date.

The tender is reportedly considered to be among the largest in the world.

MyHSR recently selected two consortia to assist with HSR project’s civil works portion. They were Malaysian Resources Corp Bhd-Gamuda Bhd consortium responsible for the northern portion of the alignment and Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd-TH Properties Sdn Bhd consortium responsible for the southern portion of the project alignment.

Meanwhile, the national conference and career fair organised by Malaysian Investment Development Authority has attracted interest of more than 2,000 participants.

The participants ranged from industry players, local authorities, business chambers and embassies.

https://www.nst.com.my/business/2018/04/355945/six-consortiums-show-interest-assetsco-tender-hsr

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