AssetsCo tender for KL-Singapore high-speed rail attracts 6 potential bidders

[Kuala Lumpur] THE tender for a company that will help develop key parts of the high-speed rail linking Singapore and Malaysia has attracted six potential bidders, reported Bernama news agency.

The company, called the assets company (AssetsCo), will be responsible for designing, building, financing and maintaining all rolling stock, as well as designing, building, financing, operating and maintaining all rail assets such as trackwork, power, signalling and telecommunications for the high-speed rail network.

MyHSR Corporation Sdn Bhd, the Malaysian company in charge of developing the high-speed rail project, said the bidders were expected to submit their proposals by June this year.