KUALA LUMPUR, 11 JULY 2023 — MyHSR Corporation Sdn Bhd (MyHSR Corp) is embarking on a full-fledged request for information (RFI) exercise to enable the private sector to officially submit concept proposals to develop and operate the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) project via a public-private partnership model.
MyHSR Corp, in a statement today said this follows a positive response to its initial input-gathering exercise in March.
MyHSR Corp had earlier engaged with selected private companies during the initial information-gathering stage to understand the level of interest, capabilities, and resource requirements needed to make this project sustainable.
“To further assist the Government of Malaysia (GOM) in making informed decisions, this RFI exercise will be opened to local and international firms and consortia to submit their concept proposals,” the company said.
According to MyHSR Corp, the exercise will allow the GOM to assess the industry’s interest and ability to fully fund the project while evaluating their capabilities in developing the major infrastructure project by looking into areas such as technical specifications, project costing, commercial and business models, as well as consortium and governance framework.
Chairman of MyHSR Corp Dato’ Sri Haji Fauzi Abdul Rahman said the KL-SG HSR project will bring tremendous benefits to the people, particularly in enhancing and expanding economic dynamism from the Klang Valley to the Southern Corridor of the peninsula, and eventually to the rest of Malaysia.
Meanwhile, CEO of MyHSR Corp. Dato’ Mohd Nur Ismal Mohamed Kamal encouraged firms and consortia with the relevant experience to participate in this exercise and looked forward to receiving strong interest and high-quality proposals that would serve as an important reference for the Government’s decision on the best way forward for the project.
The RFI exercise marks the Government’s initiative to reactivate the KL-SG HSR project via new funding mechanisms and implementation models in efforts to further improve the rail transport infrastructure and to invigorate the national economy.
Further information on the RFI exercise can be found on the website of MyHSR Corp at https://www.myhsr.com.my/rfi from 12 July 2023.
— Akses Malaysia