{"id":75046,"date":"2017-12-21T10:39:52","date_gmt":"2017-12-21T03:39:52","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/authorities-launch-tender-for-singapore-kl-hsr\/"},"modified":"2017-12-21T11:05:08","modified_gmt":"2017-12-21T04:05:08","slug":"authorities-launch-tender-for-singapore-kl-hsr","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/authorities-launch-tender-for-singapore-kl-hsr\/","title":{"rendered":"Authorities launch tender for Singapore-KL HSR"},"content":{"rendered":"


\nThe tender for the assets company (AssetsCo) for the Singapore-Kuala Lumpur High-Speed Rail (HSR) has been launched on Wednesday (20 December), reported TODAYonline.
\nNotably, the AssetsCo will be responsible for funding, constructing and maintaining all rolling stock in the HSR network. It will also design and run all of its rail assets like, power, signalling, trackwork, and telecommunications.
\nThe tender was called by Singapore\u2019s Land Transport Authority\u2019s wholly-owned unit SG HSR and Malaysia\u2019s MyHSR Corporation.
\nBoth will jointly hold a tender briefing in Kuala Lumpur on 23 January, and interested bidders have until 29 June 2018 to submit their proposals. The winning bidder is expected to be named by the end of next year.
\nAccording to SG HSR Managing Director Rama Venkta, they are looking forward to getting good competitive bids, after comments obtained from two industry briefings conducted earlier this year enhanced the parameter designs for the tender.
\nThe bids will be assessed based on their price, value-for-money, commercial strength, financial sustainability and technical solutions. The last should prioritise reliability, customer focus, safety and security, as well as operational flexibility.
\nIn October, Malaysian Prime Minister Najib Razak revealed that they have commenced buying land for the HSR project. At present, MyHSR is showcasing the rail network\u2019s domestic alignment to the public.
\nWhen the HSR commences its operations by 31 December 2026, it is expected to reduce the travel time between Kuala Lumpur and Jurong East in Singapore from four hours by car to only 1.5 hours by train.
\nIn total, the HSR will come with eight stations. Besides the terminus in the city-state, the other seven are located within Malaysia, namely in Iskandar Puteri, Batu Pahat, Muar, Melaka, Seremban, Bangi-Putrajaya and Bandar Malaysia.
\nFurthermore, it was reported earlier this month that the HSR is likely to be served by four trains per hour. Two will run every 30 minutes to provide express service directly from Jurong East to Bandar Malaysia, while the other two will stop at all seven stations in Malaysia.
\n\u00a0
\nThis article was edited by Keshia Faculin.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Authorities launch tender for Singapore-KL HSR<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The tender for the assets company (AssetsCo) for the Singapore-Kuala Lumpur High-Speed Rail (HSR) has...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-75046","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-jwq","jetpack-related-posts":[{"id":75365,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-state-owned-firms-team-up-for-singapore-kl-hsr\/","url_meta":{"origin":75046,"position":0},"title":"Chinese state-owned firms team up for Singapore-KL HSR","date":"December 28, 2017","format":false,"excerpt":"\r Beijing-based China Railway Rolling Stock has confirmed that China Railway Corp is leading a consortium that will take part in the assets company (AssetsCo) tender for the Singapore-Kuala Lumpur High-Speed Rail (HSR). Aside from the two aforementioned firms, the eight-company consortium includes CRRC, Export-Import Bank of China, and China\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57158,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lta-myhsr-to-conduct-industry-briefing-for-kl-singapore-hsr-project\/","url_meta":{"origin":75046,"position":1},"title":"LTA, MyHSR to conduct industry briefing for KL-Singapore HSR project","date":"June 7, 2017","format":false,"excerpt":"\r \u00a0 With the Kuala Lumpur-Singapore High-Speed Rail (HSR) project attracting strong interest from various parties, an industry briefing for companies interested in participating in the tender for the assets company of the high-speed rail project will be conducted next month, according to Singapore\u2019s Land Transport Authority (LTA) and Malaysia\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64475,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/second-hsr-briefing-to-be-held-in-london-next-month\/","url_meta":{"origin":75046,"position":2},"title":"Second HSR briefing to be held in London next month","date":"August 24, 2017","format":false,"excerpt":"\r The Kuala Lumpur-Singapore High Speed Rail (HSR) is a strategic project between the Malaysia and Singapore that aims to provide convenient travel between the two capital cities. (Image: Land Transport Authority of Singapore) Singapore\u2019s Land Transport Authority (LTA) and Malaysia\u2019s MyHSR Corporation has chosen London as the venue for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsr-tender-may-be-called-in-q4-2017\/","url_meta":{"origin":75046,"position":3},"title":"HSR tender may be called in Q4 2017","date":"November 17, 2016","format":false,"excerpt":"\r The HSR tender may be\u00a0called next year, with Japan having made a strong pitch for it to use its bullet train technology Malaysian Prime Minister Najib Razak said yesterday that the international tender to supply high-speed rail (HSR) trains may be called by the fourth quarter of next year,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40920,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-bid-for-the-singapore-malaysia-hsr-line-looks-promising\/","url_meta":{"origin":75046,"position":4},"title":"This bid for the Singapore-Malaysia HSR line looks promising","date":"January 17, 2017","format":false,"excerpt":"\r In virtual reality at least Sentosa Express, a monorail line in Singapore. Lucy Liu\/Shutterstock No firm has won the tender for the high-speed rail (HSR) project between Kuala Lumpur and Singapore yet. However, a Chinese consortium has greatly boosted its chances by treating Malaysians to a virtual sampling of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/consortium-awarded-joint-development-partner-contract-for-hsr-project\/","url_meta":{"origin":75046,"position":5},"title":"Consortium awarded joint development partner contract for HSR project","date":"February 17, 2017","format":false,"excerpt":"\r The 350km High Speed Rail project is expected to reduce travel time between KL and Singapore to just 90 minutes. 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