Evaluation of KL-Singapore HSR concept proposals to take two months, Parliament told

TheEdge Mon, Mar 04, 2024 10:09pm - 2 months View Original

KUALA LUMPUR (March 4): The evaluation of the seven concept proposals that have been received from firms and consortia interested in the Kuala Lumpur-Singapore high-speed r​ail (HSR) project is expected to take two months to complete.

The Ministry of Transport (MOT) said MyHSR Corp Sdn Bhd is still evaluating the concept proposals, and the results of the evaluation will be taken up for government approval to shortlist the consortia for the next process, namely the request for proposal.

Through a reply published on the Parliament website on Monday, the ministry said MyHSR Corp had been given the responsibility to carry out the request for information process, which ended on Jan 15.

It was replying to a question from Lim Lip Eng (Pakatan Harapan-Kepong), who wanted to know if the government would guarantee the loan for the project estimated to cost RM100 billion.

The MOT said all interested firms/consortiums had been informed that the government will not provide any loan guarantee for this project.

The government intends for this project to be implemented through private fund investment, and without any injection of government funds, the ministry added.

Responding to a question from Captain Azahari Hasan (Perikatan Nasional-Padang Rengas) regarding details of the construction of the five Light Rail Transit 3 (LRT3) stations that would be resumed, the ministry said the costing details had not yet been finalised.

The MOT said the government is still fine-tuning details of the stations, which were cancelled previously.

An additional allocation of RM4.7 billion for the purpose of restoring the scope of the LRT3 project was announced by Prime Minister Datuk Seri Anwar Ibrahim during the tabling of Budget 2024.

For more Parliament stories, click here.

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