Seven idea proposals have been obtained from companies and consortiums within the Kuala Lumpur-Singapore Excessive Pace Rail (KL-SG HSR) venture, and the analysis of those proposals is anticipated to take two months to finish, New Straits Occasions has reported.

MyHSR Company remains to be evaluating the idea proposals which were obtained, and the outcomes of the analysis shall be taken up for presidency approval to shortlist the consortiums for the subsequent course of, the transport ministry has stated.

MyHSR Company has been given the accountability to hold out the request for info (RFI) course of which ended on January 15, the transport ministry stated, and all events have been knowledgeable that the federal government is not going to present any mortgage assure for this venture, it added.

The Malaysian authorities intends for the KL-SG HSR venture to be applied by way of personal fund funding and with none injection of presidency funds, in response to the report.

Final July, MyHSR Company requested idea proposals from native and worldwide companies for improvement and operation of the Kuala Lumpur-Singapore Excessive Pace Rail (KL-SG HSR) venture, and the RFI course of was carried out to solicit personal sector curiosity.

The most recent iteration of the KL-SG HSR as of July will run throughout six states – Kuala Lumpur, Putrajaya, Selangor, Negeri Sembilan, Melaka, and Johor – earlier than crossing the Tebrau Strait into Jurong East in Singapore. The 350 km distance distance from Bandar Malaysia to Jurong East may very well be accomplished in 90 minutes by way of a continuous service, The Star wrote on the time.

Plans for the KL-SG HSR has been protracted, starting in December 2016 when when Malaysia and Singapore signed a legally-binding bilateral settlement to facilitate the venture. Development was initially scheduled to start in 2018 for completion in 2025, for operations to begin in 2026.

This was deferred in 20218 till 2020, which noticed Malaysia pay S$15 million (RM45.1 million on the time) as compensation for prices incurred by Singapore. The venture was terminated in 2021, earlier than reconsideration for its revival with out utilizing public funds.

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