![](https://i.imgur.com/CLvY2jA.png")
12-07-2023, 08:45 AM
https://www.theedgesingapore.com/news/si...ct-request
In an apparent revival of the Kuala Lumpur-Singapore high speed rail (KL-SG HSR) project, Malaysia’s MyHSR Corporation has announced that it 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 project through a public-private partnership model.
According to MyHSR Corp, which is wholly-owned by Malaysia’s Minister of Finance and under the supervision of the Ministry of Transport of Malaysia, the RFI exercise marks the Malaysian government’s “initiative” to reactivate the KL-SG HSR project. The reactivation of the project will arrive via new funding mechanisms and implementation models in efforts to further improve the rail transport infrastructure and to invigorate Malaysia’s economy, says the company in a press release on July 11.
The 350 km-long KL-SG HSR was first mooted in 2013 before a binding agreement was signed in Dec 2016 with a target to have the line operational by 2026. The project was postponed and eventually scrapped officially in Jan 2021 under a subsequent Malaysian government. Singapore received compensation of more than $102 million for costs incurred
In an apparent revival of the Kuala Lumpur-Singapore high speed rail (KL-SG HSR) project, Malaysia’s MyHSR Corporation has announced that it 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 project through a public-private partnership model.
According to MyHSR Corp, which is wholly-owned by Malaysia’s Minister of Finance and under the supervision of the Ministry of Transport of Malaysia, the RFI exercise marks the Malaysian government’s “initiative” to reactivate the KL-SG HSR project. The reactivation of the project will arrive via new funding mechanisms and implementation models in efforts to further improve the rail transport infrastructure and to invigorate Malaysia’s economy, says the company in a press release on July 11.
The 350 km-long KL-SG HSR was first mooted in 2013 before a binding agreement was signed in Dec 2016 with a target to have the line operational by 2026. The project was postponed and eventually scrapped officially in Jan 2021 under a subsequent Malaysian government. Singapore received compensation of more than $102 million for costs incurred
