High-speed Railway Project
The Korea Rail Network Authority (KRNA) announced on May 17 that the Korean Project Team for Malaysia-Singapore High-speed Railway has been selected as the winning bidder for the Zone 4 in the reference design consultant (RDC) sector of the Malaysia-Singapore high-speed railway project. Malaysia called for international bids for the project.
Accordingly, the KRNA will design the civil structure of the high-speed rail line running 108 kilometers, which stretches from the border between Selangor State and Negeri Sembilan State to the border between Melaka State and Johor in Malaysia. The service costs about 4 billion won (US$3.56 million).
In order to win the Malaysia-Singapore high-speed railway project which is divided into the civil engineering and station building sector (InfraCo) and the railroad, system and vehicle sector (AssetsCo) sectors, the KRNA formed a group consisting of 23 companies to make a bid and it is focusing on winning the AssetsCo project.
KRNA was able to win the RDC project since Ranhill, a Malaysian company, participated in when KRNA CEO Kang Yeong-il signed a memorandum of understanding (MOU) on the partnership in May last year.
KRNA CEO Kang Yeong-il said, “We are now constructing a strategic partnership with local company to receive the AssetsCo sector of the Malaysia-Singapore high-speed railway project, which will be assigned at the end of this year. We will accelerate promoting the brand of Korea’s high-speed railway and strengthening the competitiveness to win the project further.”