MTR to bid for KL-Singapore express project

MTR to bid for KL-Singapore express project

MTR Corp Limited chairman Frederick Ma Si-hang said the rail company is interested in cooperating with China Railway in bidding for the express rail project between Kuala Lumpur and Singapore.

This would be the first project under the Belt and Road initiative that MTRCL plans to join.

Ma is a member of the Hong Kong delegation to the Beijing summit.

Hong Kong Chief Executive Leung Chun-ying said: “If you look at our railways, we now manage railway projects outside of Hong Kong – in Western countries.

“We have assignments in Australia, in Sweden and in England, and the number of passengers that the MTRCL now handles in these overseas markets is about the same as the number of passengers that we handle within Hong Kong.

“Infrastructure is one of the five connectivity points under the initiative. So we’ll probably follow the flow of funds from this region, mainland China particularly, to these Belt and Road countries, and there is a lot of work in the pipeline for Hong Kong financial experts, professionals and traders.”

Leung recalled that during a tea gathering in Beijing many state leaders and businessmen from other countries said they value the role of Hong Kong as a “super-connector.”

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