ERL hopes to bid for KL-S'pore HSR project
EXPRESS Rail Link Sdn Bhd (ERL), controlled by YTL Corp Bhd, wants to embark on new rail projects such as the highspeed rail (HSR) linking Kuala Lumpur and Singapore, boosting its portfolio.
Chief executive officer (CEO), Noormah Mohd Noor said the company is ready to help the government develop an intelligent rail infrastructure here.
ERL has a 30-year concession to operate the KLIA Express and KLIA Transit on the railway line between KL Sentral in Brickfields and the Kuala Lumpur International Airport.
For the HSR link, a consortium, led by YTL, will be formed to bid for the project. The consortium will comprise key players either from Europe, Japan or China, Noormah told Business Times yesterday, at the Rail Business Asia 2013 conference here.
"We are waiting for the government to call for tenders. As a rail operator, ERL will operate the HSR line while YTL will undertake the civil works. For rolling stocks and systems work, we will get foreign experts.
"We are open to negotiations with foreign companies from Spain, China and Japan as far as the systems portion is concern. We are evaluating the suitability of the system," Noormah said.
Land Public Transport Commission (SPAD) CEO Mohd Nur Ismal Mohamed Kamal said negotiations between both the governments of Malaysia and Singapore for the implementation of the HSR link will start next month.
He expects tenders to be called between June and December next year and construction to commence in 2015.
"The HSR will be a good link between Malaysia and Singapore. It will spur economic activities along the corridor.
"I believe Malaysia is ready to undertake the project. As a consortium, we will fund a majority of the works," Noormah said.
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