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Friday 17 February 2017

High speed rail (HSR) project to Joint Development Partner (JDP) contract for the Kuala Lumpur-Singapore high HSR.


Image result for High speed rail (HSR) project to Joint Development Partner (JDP)
The JDP will also develop the technical and safety standards to be adopted for the HSR project.


Multi Management and Future Solutions Malaysia: MyHSR Corp Sdn Bhd and the Land Transport Authority (LTA) of Singapore have granted the Joint Development Partner (JDP) contract for the Kuala Lumpur-Singapore rapid rail (HSR) venture to the consortium of WSP Engineering Malaysia Sdn Bhd, Mott MacDonald Malaysia Sdn Bhd and Ernst and Young Advisory Services Sdn Bhd.

The JDP will give extend administration support and specialized exhortation on HSR frameworks and operations, MyHSR and LTA said in a joint proclamation yesterday.

The JDP will likewise build up the specialized and wellbeing measures to be received for the venture. What's more, it will help the joint venture group (JPT) built up amongst MyHSR and LTA with the arrangement of reports for the anticipated tenders identifying with the joint parts of the venture, for example, the arrangement of the AssetsCo and OpCo International.

"Taking after the dedication of the two governments through the Bilateral Agreement marking, the JDP arrangement denote the begin of a testing yet energizing adventure to bring the Kuala Lumpur-Singapore HSR venture to reality," MyHSR CEO Mohd Nur Ismal Mohamed Kamal said.

"The consortium will join the venture groups of MyHSR and LTA in further building up the venture. The groups should work intently to guarantee that the venture is conveyed effectively. Facilitate declarations will be made at the appointed time, for different arrangements of the venture," he included.

The joint JDP delicate was approached Aug 22 a year ago and shut on Oct 17. An aggregate of eight offers were gotten.

LTA CEO Ngien Hoon Ping said with the aggregate aptitude and broad experience of the consortium in HSR extends globally, MyHSR and LTA will have the capacity to kick-begin the arrangement of forthcoming joint tenders for this key venture.


"Together with the propelled designing review contract granted before by LTA to do building ponders for the Singapore extend of the HSR, these two advancements check the following part in our trip to convey the Kuala Lumpur-Singapore HSR extend, focused by end-2026," he included.

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