Assets Company (AssetsCo) has been given a new tender submission deadline for the high-speed rail project that connects Kuala Lumpur to Singapore. The previous date for bids and tender submissions was June 29 but it was extended to December 28, 2018 during a press statement on April 19, 2018.
Rama Venkta (MD, SG HSR) and Mohd Nur Ismal Mohammed Kamal (CEO, MyHSR Corp) made this known during their statement that the purpose of this was to receive “high-quality and competitive proposals from all the bidders” for the high-speed rail express service.
In December 2016, the governments of Malaysia and Singapore signed a bilateral agreement that gave birth to the project which, of course, has immense benefits for both countries. Ease of travel is a priority and the aim is to ensure that citizens move from one country to the other in not more than 90 minutes.
The tender submission was initially decided on December 20, 2017 by SG HSR and MyHSR Corporation. And this project will ensure that a train is available every 30 minutes to convey travelers within the shortest possible time. This extension of deadline will afford the company more time to prepare adequately for the project which is to commence in the following year and be completed latest by December 31, 2026.
The High-Speed Rail (HSR) Company is meant to manage the stocks and rail assets involved in this transport project. As the project aims to improve the quality of transport between Kuala Lumpur and Singapore, AssetCo will monitor the design, finance, and maintenance and see to the building of a total of eight stations in both Malaysia and Singapore.
Overall, the people of both countries can expect to be united by this common transport project that connects them better than before.
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