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KL-S'pore HSR bids extended
Published on: Friday, April 20, 2018
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Kuala Lumpur: MyHSR Corp Sdn Bhd (MyHSR Corp) and SG HSR Pte Ltd (SG HSR) have extended the time for the submission of bids for the Kuala Lumpur-Singapore High-Speed Rail (KL-Singapore HSR) Assets Co (AssetsCo) tender, in view of the complexity and scale of the project.In a joint statement on Thursday, the companies said, bidders would now have until Dec 28, 2018, to submit their proposals.

"This extension of time will not affect the Dec 31, 2026 date for the commencement of the HSR Express Service from Kuala Lumpur to Singapore," they said.

The two parties had jointly called for AssetsCo's tenders on Dec 20, 2017, where the AssetsCo would be responsible for designing, building, financing and maintaining all rolling stock for the KL-Singapore HSR project.

The AssetsCo would also be in charge of designing, building, financing, operating and maintaining all rail assets, such as track work, power, signalling and telecommunications, and manage the system network for operations and maintenance needs.

"We are encouraged by the strong interest in the AssetsCo tender. While the bidders are progressing with their tender preparations, they have also requested for additional time to develop their tender submissions to offer better value to both governments. – Bernama




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