KUALA LUMPUR, 27 JULY 2023 – Over 700 representatives from local and international companies, as well as foreign missions attended the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) Request For Information (RFI) briefing Hosted by MyHSR Corporation Sdn Bhd (MyHSR Corp) at the Ministry of Finance in Putrajaya today.
In a statement today, MyHSR Corp said the briefing provided an overview of the RFI process, including the timeline for local and international firms and consortia to submit concept proposals for the KL-SG HSR project based on a public-private partnership model.
According to the company, the concept proposal stage will start from the distribution of the RFI Documents from 11 August up to the closing date of 15 November for the submission.
MyHSR Corp shared that the project structure would be based on the design-finance-build-operate-transfer (DFBOT) model, and participating firms and consortia must demonstrate the ability to develop this project with a proven track record, technical expertise, resources, and project management capabilities to complete this significant infrastructure development within the budgeted cost, quality, and time.
Chairman of MyHSR Corp Dato’ Sri Haji Fauzi Bin Abdul Rahman said the briefing marks an important step in bringing the project to reality, in line with the aspirations of the Government of Malaysia.
The briefing provided interested companies with the relevant information such as the key components, submission requirements, and evaluation criteria for them to prepare and deliver a comprehensive concept proposal.
MyHSR Corp also presented case studies on the positive impact of several HSR development and economic integration in Taiwan, Japan, and China, of which the successes are being emulated by the United Kingdom, Thailand, and Indonesia.
Among others, participating firms and consortia should demonstrate their ability to sustainably build and operate the HSR services with realistic commercial expectations, including demand estimation, cost optimisation, revenue diversification, and financial projections.
In addition to representatives from Malaysian companies, the RFI briefing was also attended by representatives of industry players from the United Kingdom, Spain, Germany, the Netherlands, Australia, China, South Korea, Japan, Hong Kong, Thailand, and Singapore, MyHSR Corp added.
– Akses Malaysia