Two more JVs from YTL and Naza to oversee KL-Singapore HSR

Two more joint ventures (JVs) involving YTL Group and Naza Group have joined the fray to bid for the job of project delivery partner (PDP) to run the civil works portion of the Kuala Lumpur-Singapore high-speed rail (HSR) project.

The Star reported that according to sources, the YTL group has teamed up with the SIPP group to bid for the job of PDP, while another JV is between Naza Group and China Communications Construction Co Ltd (CCCC).

Concurrently, there are two JV companies comprising established names in the construction industry that are already bidding for the PDP job of the HSR.

The current JVs are Gamuda Bhd-Malaysian Resources Corp Bhd (MRCB) and a four-party consortium comprising IJM Corp Bhd-Sunway Construction Group Bhd (SunCon)-Jalinan Rejang Sdn Bhd-Maltimur Resources Sdn Bhd.

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HSR bidding down to two-horse race: where are the others?

 

hsr kuala lumpur

China and Japan are the only two countries left in the race to win the bidding for the massive high-speed rail transportation project that will link Kuala Lumpur to Singapore, said the klhighspeedrail.com portal.

However, the question we may ask is whether the other competitors seem to have simply accepted the fact that they are out of the race?

While most sources are pointing to Japan as the leading party in the bidding.

The Today Online portal in Singapore said Japan Rail, Japan Bank for International Cooperation and NEC Japan are the companies that are leading the bidding from Japan.

It also said it had been previously reported that Hong Kong’s MTR Corporation was also interested in partnering with China Railway Corporation to bid for a contract.

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