SINGAPORE: The deadline for bidders to submit their tenders for the development of a high-speed rail line between Singapore and Kuala Lumpur has been postponed by six months due to the complexity of the project, the two governments said Thursday.
The delay is not likely to affect their end-of-2026 target date for the launch of the rail service that will cut down travel time between the two cities to about 90 minutes from more than three hours currently required by road or rail, they said.
The companies keen on bidding have “requested for additional time to develop their tender submissions that offer better value to both governments,” MyHSR Corp and SG HSR, the Malaysian and Singaporean state-run companies overseeing the project, said in a joint statement.
“After careful consideration, we have extended the tender submission deadline by six months, in view of the complexity and scale of the project” that has attracted interest from international bidders, including Chinese and Japanese companies that have been making strong pitches.
The new deadline for companies to submit their tender proposals is Dec 28 instead of June 29, the two companies said, adding that they expect to complete their evaluation and announce the tender results by the third quarter of next year.
The previous deadline had been announced last December when they called for a joint tender for designing, building, financing and maintaining of the high-speed rail.
The Singaporean and Malaysian governments signed a bilateral agreement in 2016 to develop the 350km-long, high-speed railway.