The Transport Ministers of Singapore and Malaysia have signed a bilateral agreement to develop a cross-border urban rail link between Singapore and Johor Bahru, Malaysia. The project will be developed in a similar manner to the US$9.6 billion Kuala Lumpur-Singapore high speed rail project, for which the governments launched a tender in December.
Infrastructure/PPP news in Malaysia
It has been announced that a consortium led by China Railway Corp will bid for the Kuala Lumpur-Singapore high-speed rail project. The consortium is comprised of eight companies, including CRRC, China Railway Construction Corporation, China Communications Construction, China Railway Signal and Communication and Export-Import Bank of China.
MyHSR Corporation Sdn Bhd (MyHSR Corp) of Malaysia and SG HSR PTE LTD (SG HSR) of Singapore have launched a joint tender for the Kuala Lumpur-Singapore High Speed Rail (HSR) project. The estimated total value of the project is MYR43 billion (US$9.6 billion).
MMC Corp Bhd's subsidiary MMC Port Holdings Sdn Bhd has acquired a the remaining 51% stake in Penang Port Sdn Bhd (PPSB), the operator of Malaysia's oldest port.
MyHSR Corporation Sdn Bhd of Malaysia and Land Transport Authority of Singapore have awarded the Joint Development Partner contract for the Kuala Lumpur-Singapore High Speed Rail project to the consortium comprising WSP Engineering Malaysia Sdn Bhd, Mott MacDonald Malaysia Sdn Bhd, and Ernst & Young Advisory Services Sdn Bhd.
Malaysia’s Employees Provident Fund (EPF) has announced it is looking to expand its investments in infrastructure assets with steady cash flow.
The company is set to issue MYR3.64 billion (US$903 million) of Sukuk debt to finance Malaysia’s largest toll-road project, the Setiawangsa-Pantai Expressway (SPE), formerly known as Duta-Ulu Klang Expressway (DUKE) Phase-3 project.
MMC Corp Bhd has announced it has reached a conditional agreement to acquire a 49% stake in Penang Port Sdn Bhd (PPSB) (Malasya) from Seaport Terminal (Johore) Sdn Bhd (STJSB), a subsidiary company of Indra Cita Sdn.
MyHSR Corporation Sdn Bhd (MyHSR) of Malaysia and Land Transport Authority (LTA) of Singapore will be calling for a joint tender on 22 August 2016 to appoint a Joint Development Partner (JDP) to assist in the development of the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
MyHSR Corporation Sdn Bhd has selected CH2M as its technical advisor for the iconic cross-border project between Malasya and Singapore, Kuala Lumpur–Singapore High-Speed Rail (HSR) project.
Both Governments agreed that each will take responsibility for developing, constructing and maintaining the civil infrastructure and stations within their own countries. These works will be undertaken by MyHSR Corporation and LTA (as InfraCos) in Malaysia and Singapore respectively.
Ryuchi Kaga, Head of the Office of Public-Private Partnerships of the Asian Development Bank (ADB) and Datuk HJ. Kamarudin Bin MD Shah, CEO of Melaka Green Technology Corporation, have signed a transaction advisory services agreement that will pave the way for a PPP project to install energy efficient road lights in the Malaysian state of Melaka.
MegaProject 586: 98 companies register interest for Singapore - Kuala Lumpur high speed rail project
The companies and consortia that have shown interest in the project include entities based in Malaysia, Singapore, Asia-Pacific, Europe, Middle East and North America. To be more specific, a total of 56 teams come from Europe, 14 from East Asia, 13 from Malaysia, 7 from North America, 4 from Singapore, 3 from Oceania, and 1 from Middle East.
Malaysia's Land Public Transport Commission (SPAD) and Singapore's Land Transport Authority (LTA) have jointly launched a request for information (RFI) from interested parties to develop the Kuala Lumpur - Singapore High Speed Rail (HSR) project.
The Goverment of Malaysia has re-launched a tender process to develop the Kepong Solid Waste Transfer Station PPP project.
Projek Lebuhraya Usaha Sama (PLUS) Malaysia Berhad has been selected by the government of Malaysia to operate the Jabor-Kg Gemuruh highway concession.
Shipping line Malaysia International Shipping Corporation Berhad (MISC) has sold its 15.73% equity interest in the port operations company NCB Holdings to MMC Ventures.
Holders of System Lingkaran-Lebuhraya Kajang Sdn Bhd's (SILK) Islamic bonds (sukuk) have approved the sale of SILK Holdings,
Malaysia Airports Holding Berhard (MAHB) has announced plans to launch a rights issue to fund the acquisition of the remaining 40% equity stake in Istanbul Sabiha Gokcen Airport (ISG) from GMR Infrastructure.
The government of Malaysia has shortlisted four firms for a waste to energy treatment plant in Kuala Lumpur, the Kepong Solid Waste Transfer Station PPP project.