HEADLINES

Govt to finalise main parameters for privately-funded HSR project

Transport Ministry says MyHSR Corp Sdn Bhd has evaluated seven concept proposals, cabinet to decide on final scope

1:36 PM MYT

 

KUALA LUMPUR — The government is finalising the main parameters for the proposed implementation of the private-led Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) project. 

The Transport Ministry said the parameters will be presented to the Cabinet for approval. 

This follows MyHSR Corporation Sdn Bhd’s evaluation of seven concept proposals received from local and international firms and consortia through the request for information process.

“Details regarding the shortlisted consortium, financing methods and project model studies will be examined in the next phase, namely via the request for proposal process,” the ministry said in a written answer published on the Parliament website. 

The ministry was replying to Muhammad Islahuddin Abas’s (PN-Mersing) question on Monday about the latest status of the KL-SG HSR train project following Malaysian Resources Corporation Bhd’s (MRCB) decision to withdraw from the consortium in December.

The consortium is led by Berjaya Rail Sdn Bhd.

Muhammad Islahuddin also inquired about the details of the consortium shortlisted thus far, financing methods, and new model studies for the project. 

The MyHSR project for a 350km high-speed train connecting Kuala Lumpur and Singapore was mooted in 2013, but was aborted in 2021 after both countries failed to agree on change to the project. Since then, Malaysia has said its government will no longer fund it, and the project would have to be undertaken by the private sector. – February 18, 2025

Topics

 

Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Influencer who recited Quran at Batu Caves accused of sexual misconduct in Netherlands

Abdellatif Ouisa has targeted recently converted, underage Muslim women, alleges Dutch publication

Duck and cover? FashionValet bought Vivy’s 30 Maple for RM95 mil in 2018

Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil

Related