17 Nov '16, 5am

HSR tender may be called in Q4 2017

The HSR tender may be called next year, with Japan having made a strong pitch for it to use its bullet train technology. Malaysian Prime Minister Najib Razak said yesterday that the international tender to supply high-speed rail (HSR) trains may be called by the fourth quarter of next year, reported The New Straits Times . Najib revealed that most issues relating to the ambitious project have been “more or less” resolved. He also confirmed that Singapore and Malaysia are on track to sign the agreement for the development of the HSR by early December. Najib, who is on an official three-day visit to Japan, made the announcement after a meeting in Tokyo with his Japanese counterpart, Shinzo Abe. “There are several milestones in the implementation of this project but the most significant would be the international bidding process, which, according to our plan, will be issued i...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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