Malaysia to seek proposals for development of Kuala Lumpur-Singapore high-speed rail

Earlier this year, Singapore said it is open to proposals from Malaysia about the project.

MyHSR Corporation, a wholly owned of Malaysia’s Ministry of Finance, will be launching a Request For Information (RFI) exercise to enable the private sector to submit concept proposals to develop and operate the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) project via a public-private partnership model.

Local and international firms and consortia can submit their concept proposals.

MyHSR Corporation said the RFI exercise will help the Government of Malaysia (GOM) to make informed decisions about the rail project.

“The exercise will allow the GOM to assess the industry’s interest and ability to fully fund the project while evaluating their capabilities in developing this major infrastructure project by looking into areas such as technical specifications, project costing, commercial and business models, as well as consortium and governance framework,” MyHSR Corporation said.

Before the launch of the RFI exercise, MyHSR Corporation had already engaged with selected private companies “to understand the level of interest, capabilities, and resource requirements needed to make this project sustainable.”

In September 2022, Singapore and Malaysia discussed the possible revival of the KL-SG HSR project which got terminated in 2021. Deputy Prime Minister Lawrence Wong, who visited Malaysia at that time, said Singapore is open to fresh proposals from Malaysia about the project.

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