KUALA LUMPUR: Malaysian Resources Corp Bhd and Gamuda Bhd have entered into an agreement to set up an unincorporated consortium to participate in the tender to be the project delivery partner (PDP) for Kuala Lumpur-Singapore High Speed Rail.
MRCB and Gamuda said both companies will own 50 per cent stake each in the consortium.
Upon securing the tender, MRCB and Gamuda will enter into a definitive agreement to further set out the rights and obligations of each party in relation to the project.
MyHSR Corp Sdn Bhd called for a tender to appoint the PDP for the project on November 22.
The PDP will be tasked to develop detailed design for the infrastructure works which includes the station and alignment structures (i.e. bridges, tunnels and embankments) in Malaysia and build these works on budget and on time.
The PDP will also be required to assist with interface management, land acquisition processes and stakeholder engagement activities.
According to MyHSR, the idea of the Kuala Lumpur-Singapore High Speed Rail was initiated through the Economic Transformation Programme to transform Malaysia into a high-income nation.
The high speed rail which will have a journey of 90 minutes from Kuala Lumpur to Singapore will include seven stations in Malaysia – Bandar Malaysia, Bangi-Putrajaya, Seremban, Melaka, Muar, Batu Pahat and Iskandar Puteri.