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High-speed train: PRC cos not welcomed in S’pore

In China, Infrastructure, Malaysia on 11/02/2017 at 7:17 am

The Land Transport Authority (LTA) appointed AECOM Singapore to conduct an advanced engineering study for Singapore stretch of the Singapore-Kuala Lumpur high-speed rail (HSR) infrastructure, it announced onFeb 8.

The US engineering firm will provide architectural, civil, electrical, mechanical and other design services required for the Jurong East terminus, tunnels and the bridge across the Straits of Johor.

It has also appointed specialist consultants, none of which are from PRC:

But it’s different in M’sia:

The Singapore-Kuala Lumpur high speed rail is a project that is keenly eyed by Chinese rail companies. While the contract to construct the Singapore-KL high-speed rail line has yet to be issued, “local media reports suggest that Singapore prefers a Japanese or European bidder but Malaysia favors a Chinese firm” (Martin, 2016). Indeed, China Railway Group, a Chinese state-owned enterprise, has formed a consortium with a local developer to purchase 60 percent of the land parcel for the RM 160 billion Bandar Malaysia real estate project, located at the KL terminus of the Singapore-KL high speed rail line, from 1Malaysia Development Berhad (1MDB) — the Malaysian state-owned investment fund whose financial troubles, as we shall shortly see, have triggered the current political crisis.

When completed, Bandar Malaysia will serve as the new transportation hub for KL, connecting the high speed rail line with KL’s existing bus and rail lines, and it will also house China Railway Group’s USD 2 billion regional headquarters. Due to the close working relationship between the Malaysian government and Chinese investors — including China Railway Rolling Stock Co. which has supplied Malaysian Railway with trains since 2010, and which also set up a manufacturing plant in Malaysia in 2015 — some experts believe China holds the advantage in securing the contract for the Singapore-KL high-speed rail line. Looking to the future, China Railway is already “in discussions with the Thai government to build a high speed rail connecting Bandar Malaysia to Bangkok”.

http://ippreview.com/index.php/Home/Blog/single/id/338.html

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