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Old December 11th, 2016, 06:26 AM   #461
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Bandar Malaysia
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Originally Posted by davidwsk View Post
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Old December 13th, 2016, 12:53 PM   #462
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Malaysia, Singapore ink landmark high-speed rail deal
BY AKIL YUNUS Tuesday, 13 December 2016 | MYT 5:27 PM
http://www.thestar.com.my/news/natio...ail-agreement/



Prime Minister Datuk Seri Najib Tun Razak and Singaporean Prime Minister Lee Hsien Loong at
the signing ceremony of the High-Speed Rail (HSR) bilateral agreement on Tuesday.


PUTRAJAYA: Malaysia and Singapore have signed the High-Speed Rail (HSR) bilateral agreement that will cut travel time between both countries to just 90 minutes.

Prime Minister Datuk Seri Najib Tun Razak and his Singaporean counterpart Lee Hsien Loong witnessed the signing of the landmark deal during the 7th Malaysia-Singapore Leaders’ Retreat here on Tuesday.

The agreement was signed at 5.15pm between Minister in the Prime Minister’s Department Datuk Abdul Rahman Dahlan and Singapore’s Transport Minister Khaw Boon Wan.

Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi also witnessed the signing ceremony.

The document is a follow-up to the memorandum of understanding (MoU) signed by both countries on July 19, and outlines further plans and details for the development of the expansive rail project.

The HSR service is targeted to be up and running by 2026 and will cut travel time between Kuala Lumpur and Singapore to just 90 minutes, with trains designed to reach maximum speeds of 300km per hour.

The rail line will stretch 350km, with 335km in Malaysia starting from Bandar Malaysia in Kuala Lumpur and 15km in Singapore, ending at Jurong East.

It will have six transit stations in Putrajaya, Seremban, Ayer Keroh, Muar, Batu Pahat and Iskandar Puteri.

The project will be administered by MyHSR Corp Sdn Bhd, which has been incorporated as a company wholly-owned by Malaysia’s Finance Ministry.

Earlier in the afternoon, Najib and Lee held a four-eyed meeting followed by a delegation meeting as part of the leaders’ retreat, an annual event hosted rotationally by both countries.

Also present were Transport Minister Datuk Seri Liow Tiong Lai, Chief Secretary to the Government Tan Sri Dr Ali Hamsa as well as other ministers and senior government officials from both countries.
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Old December 14th, 2016, 10:24 AM   #463
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Originally Posted by SYAZRUL92 View Post

http://www.thestar.com.my/news/natio...te-congestion/
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Old December 14th, 2016, 11:04 AM   #464
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Kuala Lumpur – Singapore high speed rail agreement signed
13 Dec 2016
http://www.railwaygazette.com/news/h...nt-signed.html

ASIA: A bilateral agreement for the development of the 350 km Kuala Lumpur – Singapore high speed rail project was signed on December 13, when the two countries’ Prime Ministers took part in their annual retreat, which was this year was held at Putrajaya in Malaysia.

The agreement was signed by Singapore’s Co-ordinating Minister for Infrastructure and Minister for Transport Khaw Boon Wan and Minister in the Malaysian Prime Minister’s Department Abdul Rahman Dahlan. It formalises the technical, safety and security requirements for the project, along with the commercial, financing, procurement and regulatory frameworks and the customs, immigration and quarantine arrangements. It builds on a memorandum of understanding signed on July 19.

A bilateral committee led by senior government officials from both countries will oversee the agreement.

It has been agreed that Singapore and Malaysia will each design, build, finance and maintain the civil works and stations within their own territory. This will be done through their appointed InfraCos, Land Transport Authority and MyHSR.

Tendering is underway for the appointment of a joint development partner by early 2017. The JDP would provide project management support and technical and procurement advice, and develop technical and safety standards.

Malaysia and Singapore are to jointly call tenders in late 2017 for the appointment of AssetsCo, which would design, build, finance and maintain the rolling stock and railway systems including track, power, signalling and telecommunications.

The double-track line would be designed to accommodate ‘all types of conventional high speed rail trains and technology available in the market with a design speed of 350 km/h’. There would be eight stations, at Jurong East in Singapore and Bandar Malaysia, Putrajaya, Seremban, Ayer Keroh, Muar, Batu Pahat and Iskandar Puteri in Malaysia. The planned bridge over the Straits of Johor to the west of the Second Link would offer a clearance of 25 m above water level.

Malaysia and Singapore will also jointly call tenders for the OpCo International contract to operate the Kuala Lumpur - Singapore non-stop Express Service with a journey time of 90 min, as well as a cross-border Shuttle Service between Iskandar Puteri and Singapore. Direct Kuala Lumpur – Singapore HSR Express Services are expected to begin by December 31 2026.

Separately, Malaysia will tender the OpCo Domestic contract covering domestic services within Malaysia. OpCo International trains will have scheduling and operational priority over OpCo Domestic services.

Co-located customs, immigration and quarantine facilities will be provided at Singapore, Bandar Malaysia and Iskandar Puteri, with international passengers clearing both countries’ checks at the point of departure.

In a joint statement following the retreat, Malaysia’s Prime Minister Najib Razak and Singapore’s Prime Minster Lee Hsien Loong said the signing of the agreement was ‘a historic moment in bilateral relations and reflects both countries’ commitment to the marquee project, which will bring the two countries even closer together, improve connectivity, deepen people-to-people ties and catalyse further economic co-operation’.
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Old December 15th, 2016, 01:45 PM   #465
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Gamuda, IJM and WCT likely to gain from new Malaysia-Singapore rail link
BY SHARIDAN M. ALI Thursday, 15 December 2016
http://www.thestar.com.my/business/b...-from-hsr-job/



PETALING JAYA: Gamuda Bhd, IJM Corp Bhd and WCT Holdings Bhd are among the domestic frontrunners from the construction industry to benefit from the recently-inked bilateral agreement for the Kuala Lumpur-Singapore high speed rail (HSR) project.

It was reported that Gamuda would bid for a parcel of the proposed East Coast Rail Link and the HSR.

“While it still premature to work out the size of contracts that will spill over to the local contractors, this theme remains relevant to domestic rail players in our coverage such as Gamuda, IJM Corp and WCT.

“For a play on the rail theme in 2017, we continue to prefer Gamuda,” said CIMB Research in a report yesterday that maintained an “overweight” call on the construction sector.

A bilateral agreement for the HSR was signed on Tuesday.

It was highlighted that the length of the 350km HSR alignment remained unchanged.

According to Channel News Asia, 15km will be in Singapore and 335km in Malaysia.

The HSR lines in Singapore and Malaysia are to be linked by a bridge over the Straits of Johor.

A joint-development partner (JDP) will be appointed in early 2017 to assist in the overall implementation of the project.

“We understand that the JDP will provide advice on operational, technical and procurement matters relating to the HSR systems and operations.

“We believe that the JDP is likely to be a reputable international HSR expert.

“It appears that the JDP will also assist on the structure and monitoring of the civil works tender, which could begin in late 2017,” said CIMB Research.

The joint-tender for the HSR system will commence in the last quarter of next year and a decision on the companies to be awarded for the project will be made by end-2018.

“Apart from a joint-tender for cross-border HSR operations, Malaysia will also put up its own tender for a domestic operator to run the domestic service within its borders,” said CIMB Research.

As for the cost of this mammoth project, reports had speculated that it could be in the range of RM40bil to RM65bil.

It was also reported in March that China Railway Engineering Corp (CREC) and Iskandar Waterfront Holdings (IWH) could jointly bid for the HSR project.

CREC and IWH are currently joint-venture partners after having bought 60% equity in the Bandar Malaysia project for RM7.41bil from 1MDB Real Estate Sdn Bhd late last year.

In March, CREC announced that it was committed to further invest US$2bil (RM8.12bil) to build its regional centre in Bandar Malaysia

According to Bernama, the bilateral agreement also formalised the financing and procurement aspects of the project to a certain extent although no further details were disclosed.
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Old December 23rd, 2016, 05:04 PM   #466
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http://www.channelnewsasia.com/news/...d/2966746.html



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Old January 1st, 2017, 07:06 PM   #467
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Land acquisition for Kuala Lumpur-Singapore High Speed Rail likely to take place
http://www.straitstimes.com/asia/se-...ake-place-late

- Land acquisition for the Kuala Lumpur-Singapore high speed rail (HSR) project will most likely take place by the third quarter of 2017, following public display of the alignment plan by the middle of the year, said MyHSR Corporation Sdn Bhd.

- According to MyHSR Corp CEO Mohd Nur Ismal Kamal, the 50m-wide band will house the tracks as well as a buffer zone for safety purposes, given that the trains are capable of hitting up to 350kmh at full tilt.

- Malaysia and Singapore will jointly award the tender for the Joint Development Partner (JDP), which will provide advice on operational, technical and procurement matters, especially in relation to the systems side of the project.

- In parallel to the tender for the JDP, MyHSR Corp is also evaluating the bids following the closure of a tender for the services of reference design consultants (RDC) for the Malaysian stretch, which was parcelled out in six packages.

- The final alignment must allow a non-stop journey from Bandar Malaysia to Jurong East to be completed within 90 minutes.

- The domestic service that stops at every station is expected to cover the same distance in slightly more than two hours.

Quote:
Singapore-KL high-speed rail: An interactive guide
Singapore and Malaysia have signed an agreement to construct a high-speed rail line that is slated to start by Dec 31, 2026.
http://graphics.straitstimes.com/STI...ine/index.html

Who pays for what
The chosen service operators (both for international and domestic services) will:
  • Bear revenue risk
  • Pay train leasing fees to the assets company
  • Track access charges to LTA and MyHSR, who will funnel it to the assets company
  • Pay concession fees to LTA and MyHSR, to help cover the upfront costs of building infrastructure for the project

MyHSR and LTA will:
  • Take responsibility for developing, constructing and maintaining the civil infrastructure and stations within their own countries
  • Guarantee the amount received by the assets company by topping up any shortfall via availability payments, if the operator is in financial trouble and cannot pay the entire track access charge

Assets company
Singapore and Malaysia will jointly call a tender for a privately-financed assets company. It will:
  • Design, build, finance and maintain trains and rail assets such as power and signalling systems.
  • Oversee the scheduling of train services
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Old January 6th, 2017, 03:48 PM   #468
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Survey tender called for KL-S'pore High Speed Rail project

KUALA LUMPUR: MyHSR Corp Sdn Bhd (MyHSR) will call for a tender for a ground control point survey tomorrow (Friday), said chief executive officer Mohd Nur Ismal Mohamed Kamal[...]
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Old January 22nd, 2017, 06:42 AM   #469
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‘At least 15%-20% return as HSR concessionaire’
By Chester Tay | January 20, 2017 12:13 PM MYT

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KUALA LUMPUR (Jan 20): European rail experts expect an internal rate of return (IRR) of at least 15% to 20% if chosen as the concessionaire to own, operate and maintain Kuala Lumpur-Singapore high speed rail (HSR) assets.

At the Malaysia-French High Speed Rail Seminar yesterday, integrated rail solution provider Vossloh AG head of sales and internationalisation Marc-Antoine de Dietrich said a public-private partnership (PPP) project with a scale and concession period similar to [that of] the KL-Singapore HSR should require at least an IRR of 15% to 20%.

“We are the wrong people to answer this, and regrettably there are no bankers in this room because they fix the terms and conditions, and the return of capital and investment that they want to have. So, the suppliers and contractors are not alone in this case,” he explained when asked about the expected IRR during one of the panel discussions on the HSR project’s life cycle cost.

“But very briefly, [for] a project for a [concession] period like this, [if] it has to start, you do not hope to have between 15% and 20% return at the end. [If that is the case], then [there is] no need to start. But that is not only for [a] high-speed concession — it is for any kind of PPP,” he added.

Under the bilateral agreement entered into between Malaysia and Singapore in early December last year, the HSR project is going to be developed through a three-tier model.

At the infrastructure level, both governments will appoint contractors (InfraCos) to conduct civil works in their respective territories. Then, both governments will jointly appoint one party (AssetsCo) to own, operate and maintain HSR assets like rolling stocks, signalling systems and tracks.

Finally, two operators (OpCos) will be appointed to provide HSR services along the 350km route by leasing trains from the AssetsCo, and paying track access charges and concession fees to the InfraCos.

Other than train lease fees from the OpCos, the AssetsCo will also receive “availability payment” from the InfraCos over the concession period, estimated by MyHSR Corp Sdn Bhd chief executive officer Mohd Nur Ismal Mohamed Kamal to be about 25 years during the seminar yesterday.

Hence, Mohd Nur Ismal said the appointment of an AssetsCo had received the most attention since the signing of the bilateral agreement, which resulted in South Korean and Chinese governments setting up HSR experience cubes in Kuala Lumpur to promote their respective technology. The Japanese also organised a symposium to exhibit their HSR technology last July.

So far, companies and consortiums from the three Asian countries had not indicated their expected IRR from the HSR.

Meanwhile, MyHSR’s Mohd Nur Ismal said the agency had a maximum threshold for the IRR to be offered. However, he declined to reveal the figure.

“We cannot reveal it because we want them to offer us the lowest possible rate of return for the benefits of the public,” he explained to reporters yesterday.
http://www.theedgeproperty.com.my/co...naire%E2%80%99
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Old January 24th, 2017, 05:14 AM   #470
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Old January 30th, 2017, 04:15 PM   #471
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MRCB signs new MoU to develop Bandar Malaysia transport hub
BY M. HAFIDZ MAHPAR Friday, 27 January 2017 | MYT 7:04 PM


Quote:
KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) has inked another memorandum of understanding (MoU) to develop an integrated transportation terminal at Bandar Malaysia, Kuala Lumpur.

Wondrous Vista Development Bhd continues to be a joint signatory, but the third partner now is Bandar Malaysia Sdn Bhd.

Under the original MoU to develop the hub, IWH CREC Sdn Bhd -- a joint venture between Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Group Ltd -- was the third partner.

The original MoU, signed in June last year, has lapsed.

The latest non-binding MoU, which was signed on Jan 3, would also have a validity period of six months, MRCB said in a filing with Bursa Malaysia. The agreement, however, may be terminated at any time by mutual consent.

Bandar Malaysia Sdn Bhd is the 100% shareholder of Omega Cartel Sdn Bhd, which in turn is the registered owner of the 486 acres of land at Bandar Malaysia.

Under the agreement signed in June last year, Minister of Finance Inc would own 40% in Bandar Malaysia Sdn Bhd and the rest by IWH CREC Sdn Bhd. It is not known whether the shareholding structure remains.

MRCB said 60 acres had been earmarked for the purpose of an integrated transportation terminal.
Read more at http://www.thestar.com.my/business/b...lrM3S5vfIU4.99
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Old February 7th, 2017, 09:50 AM   #472
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Seoul plans to submit request for proposal
7 FEBRUARY 2017 @ 12:49 PM BY BUSINESS TIMES

KUALA LUMPUR: South Korea, one of the many countries eyeing the Kuala Lumpur-Singapore highspeed rail (HSR) project, is making preparations to submit the request for proposal to the local authorities. In a statement recently, the country announced the setting up of the Korean Consortium called KL-SG HSR Project’s AssetsCo jointly held with its Ministry of Land, Infrastructure and Transport. Consortium members include Korea Rail Network Authority (KRNA), Korail, Korea Railroad Research Institute, Hyundai Rotem, Korea Telecom, and Hyundai Heavy Industries.

Consortium members are preparing for the request for proposal that is expected to come in the second half of this year representing the leading companies in South Korean railway industry and are making it known that the consortium is in the race for the HSR project. “Kickoff of the restructured Korean Consortium means that we will now focus our capabilities and efforts to preparing the best possible proposal for achieving win-win situation for South Korea and Malaysia and Singapore,” said Kang Yeong-il, chairman and chief executive officer of KRNA. “The South Korean consortium has been paving the way to come up with the most favourable proposal by doing thorough on-site investigations from early on and by holding bilateral technical seminars and cooperation conferences with Malaysia and Singapore. “The consortium has also been quick in adapting to project implementation methods decided by the governments of Malaysia and Singapore as revealed in the memorandum of understanding signed in July last year and the formal agreement signed just last month.

” The South Korean has also signed a financial advisory agreement with the Export-Import Bank of Korea and Korea Development Bank to boost financial competitiveness, thus developing an aggressive financial business model that will meet the competitiveness of other countries. KRNA, leader of the consortium, has built about 700km of HSR in recent years, such as the opening of Gyeongbu HSR Phase 1 in 2004, Gyeongbu HSR Phase 2, Honam HSR and Suseo HSR. According to France-based International Union of Railways statistics, South Korea scored 99.79 per cent in punctuality rate and 0.073 in accident rate to secure top rank in the world . In collaboration with KoreaTourism Organisation, Korea’s KTX ( Korea’s HSR) local showroom plans to hold events that offer discounts on fares to Malaysians and Singaporeans visiting South Korea besides other similar events that will promote KTX, Korea’s HSR and Korean tourism to people of two countries.

Selanjutnya di : http://www.nst.com.my/news/2017/02/2...t-proposal?m=1
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Old February 7th, 2017, 10:09 AM   #473
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Hope the Pedra branca case will not has any affect on this high profile project
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Old February 7th, 2017, 10:37 AM   #474
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Originally Posted by QalzimCity View Post
Hope the Pedra branca case will not has any affect on this high profile project
It's just a review ,not a SCS dispute, it might not even matter in the end...

We can peacefully resolve it before we can now
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Old February 7th, 2017, 06:57 PM   #475
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lol ktx really working hard to grab this project...huhuhu...kinda pity when they didnt get this project lol
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Old February 8th, 2017, 03:46 PM   #476
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There haven't been any decisions made yet. While the idea of sharing technology makes sense in terms of making their proposal more appealing, the idea of every country in East Asia having its own HSR industry when China looms so gigantically over everyone else with its own makes the idea of tech sharing seem almost quaint.

Pair that with Japan's sterling reputation with their Shinkansen, and Korea's bid seems a less-likely win, but we can only wait and see.
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Old February 8th, 2017, 06:48 PM   #477
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Railway rivals

Following news that Thailand and Malaysia are set to begin talks on the construction of a 1,500-kilometer high-speed railway (HSR) linking Bangkok in Thailand and Kuala Lumpur in Malaysia, Chinese experts said that Chinese HSRs have more merits than their Japanese competitor - called shinkansen. The Bangkok-Kuala Lumpur railway will be a new addition to the 3,900-kilometer pan-Asia railway network that is already taking shape. Chinese experts said it makes more sense for customers to choose a Chinese solution, as owning two systems will backfire in terms of maintenance.

Thailand and Malaysia are set to start talks on the construction of a high-speed railway (HSR) between their capitals, Japanese media reported on Monday.

Arkhom Termpittayapaisiht, Thailand's transport minister, said discussions will cover which purveyors of high-speed rail expertise will be involved in the project, according to a report in the Nikkei Asian Review. They could be "China or Japan" or "China and Japan," though the Thai minister said Malaysia seems to favor China.

China will jump at the chance if Thailand and Malaysia ask for help with the planned HSR project, the report said. Japan is also eager, setting the stage for a battle between the two countries.

The pan-Asia railway network is tied into China's "One Belt and One Road" (B&R) initiative. Formally called the Silk Road Economic Belt and the 21st Century Maritime Silk Road, the B&R initiative was proposed by Chinese President Xi Jinping in 2013 to boost connectivity and trade among Asia, Europe, the Middle East and Africa. The pan-Asia railway's long-term goal is to allow trains to run to Singapore from Kunming, capital of Southwest China's Yunnan Province.

China's interests

Experts contacted by the Global Times took the news in stride, believing that the HSR project between Singapore and Kuala Lumpur is more deserving of attention. They also said that the Chinese railway export package is better than Japan's, which is also good.

"Speaking for myself, I think China should be interested, as the China-Laos railway, the Laos-Thailand railway, and the Thailand-Malaysia railway are all part of the pan-Asia railway network," said Huang Ningshu, vice director of the China-Laos Railway Project. The 417.9-kilometer-railway connects Kunming with Vientiane, capital of Laos.

China will be duly interested in the latest news about the Thailand-Malaysia railway, but its focus will remain on the Singapore-Malaysia railway, which is in a far more advanced stage of development, said Sun Zhang, a railway expert and professor at Shanghai-based Tongji University.

In December 2016, Malaysia and Singapore formalized the details on the Kuala Lumpur-Singapore HSR project. The countries will solicit two international tenders by the end of 2017.

Regarding the Thailand-Malaysia railway, Sun said that Thailand, as the potential buyer, has the right to shop around.

Given that customer country will try to play China and Japan against each other in tit-for-tat competition to get the best deal, it behooves the Chinese side to study Southeast Asian customers' needs more carefully and more convincingly demonstrate its advantages, noted Sun.

"For the Singapore-Kuala Lumpur HSR, it has to compete with a mature commercial aviation market that has as many as 45 flights a day between the two cities," Sun told the Global Times on Tuesday.

"So the HSR in this section of the pan-Asia railway has to run at a speed of 350 kilometers per hour to be competitive. Faster trains cost more to operate, so we need to show our customer that we can deliver that speed at a reasonable cost," Sun said.

Sun said Japan will find it difficult to do so.

On other sections, like the Thailand-Malaysia railway, speed is less of an issue because there are not as many flights between the two countries. Sun said the managers of the project will like a low-cost package for a railway line that runs at 250 kilometers per hour
.

"We needs to study these matters thoroughly to make sure that what we offer is accurately aligned with our customer's need," Sun said.

Japan's shinkansen bullet train technology is already running in the island of Taiwan, and Japan has also signed deals in India and Thailand.

In 2015, however, Japan lost out to China for the Jakarta-Bandung HSR project in Indonesia.

Currently Thailand is planning a shinkansen project between Bangkok and Chiang Mai and a Sino-Thai HSR project linking the Laotian border.

Buyer's interests

For Thailand, a country with somewhat limited finances, having its HSR to be provided by two countries with two different systems means it has to be prepared to pay extra for future maintenance, such as two sets of spare parts, repair services and training for employees, Sun said.

Such maintenance stretches a long time span because it has to cover the entire life span of the purchased products, Sun claimed.

That is 30 years for the rolling stock, 60 years for the railway bridges and 100 years for tunnels, noted Sun.

Experts also pointed out that Japan, being a cluster of islands of limited size, does not have China's experience at either operating a huge HSR network or building in complex terrain such as rain forest. China's high-speed trains have proved themselves in its southwestern provinces, which share a similar geography with Southeast Asia.

China built the world's largest high-speed rail network in less than a decade.

As of the end of 2016, China operated 20,000 kilometers of HSR track, or 65 percent of the world's total, according to media reports.

"China operates its HSRs across six climate zones and five time zones. Japan has no such experience," said Jia Limin, a professor at Beijing Jiaotong University.

Jia, a leading expert in HSRs, briefed Chinese President Xi Jinping on the technological strengths of Chinese HSRs in June 2016, according to media reports.

"As a late starter, China's high-speed railways utilize newer and more advanced technologies," Jia told the Global Times on Tuesday. "The Chinese technologies also come from a more diversified background, having absorbed both European and Japanese technologies.
More importantly, these technologies were proven in mass application, whereas many of Japan's newest technologies have not been proven in actual use."

Experts said the world is big enough for China and Japan to both export their HSR technologies. But any country that builds two HSR systems, one Chinese and one Japanese, will face practical problems.

Unlike China, Japan cannot be physically connected to these countries once the railway is built, denying its user of some practical functions from the connectivity, Sun said.

"When rolling stock needs an upgrade - which they will need to do in their long life cycle - they can be actually driven back to China into a Chinese plant for a speedy upgrade at a reasonable cost," noted Sun. "If the rolling stock is made in Japan, however, the customer country has to do the upgrade on its own in plants that won't need to be built if they take the Chinese option."

http://www.globaltimes.cn/content/1032002.shtml
Nice read
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Old February 8th, 2017, 07:38 PM   #478
aquaticko
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But one would think that the idea of Korea or Japan building a train maintenance facility in Malaysia--if either country has proposed or would propose it--would be a bonus to their proposals; more jobs within Malaysia can't hurt, particularly as an autocrat like Najib Razak will offer so little more than economic growth to his country.
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Old February 8th, 2017, 08:44 PM   #479
kunming tiger
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Quote:
Originally Posted by aquaticko View Post
But one would think that the idea of Korea or Japan building a train maintenance facility in Malaysia--if either country has proposed or would propose it--would be a bonus to their proposals; more jobs within Malaysia can't hurt, particularly as an autocrat like Najib Razak will offer so little more than economic growth to his country.
I would be surprised if the Chinese haven't made that offer already, I think the article is pointing out that the option of sending the rolling stock back to China is on the table if so desired by the customer not that they would need to exercise it.

The point about the size of the network in China, their experience in operating it and the issue of connectivity are all good points. If their intention is to connect Singapore to China it makes sense to use the same tech assuming that's the intention. At some point in the distant future the Pan Asia network could eztend all the way to London. I assume that the European , Korean and Chinese tech are compartible with each other.
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Old February 9th, 2017, 11:10 AM   #480
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(From left) MYHSR Corp chief executive officer (CEO) Mohd Nur Ismal Mohamed Kamal, SPAD CEO Azharuddin Mat Sah, Liow and China Railway’s chief engineer He Hua Wu look at a train model at the China High Speed Train exhibition at KLCC yesterday.

Quote:
KUALA LUMPUR, Feb 9 — The proposed Kuala Lumpur-Bangkok high speed rail (HSR) will not likely take off within the next 10 years, an independent research unit of Fitch Group said today amid renewed interest.

While the Malaysian and Thai governments are reportedly readying to begin bilateral talks on the project mooted during the Mahathir administration, BMI Research said today funding constraints, land acquisition costs coupled with political and bureaucratic issues and the uncertain economic climate will impede the development of the 1,400km rail route.

“Securing the financing for such a large project will be difficult, especially as both countries already have substantive infrastructure spending plans and are focusing on closing their fiscal deficits,” it said in a press release of its analysis.

It compared the ambitious rail link between the Malaysian and Thai capitals to the 1,318km Beijing-Shanghai HSR that has started construction, noting that the US$33.1 billion (RM146 billion) China line already ranks among the world’s most expensive transport projects.

“Using a range of estimated per-kilometre costs for other high-speed rail projects in the region, we note that the line could cost as much as US$50 billion,” BMI said.

The research firm said Malaysia is already committed to the US$11 billion Singapore-KL HSR signed last December.

Thailand, it noted, is still working to finance the remainder of the US$10.8 billion Bangkok-Vientiane (China-Thailand) Railway, which began construction also last December while its Bangkok-Chiang Mai HSR, approved by the Thai government last August, has made little progress to date.


Though China and Japan may extend “liberal lines of credit” for the KL-Bangkok HSR, BMI foresaw such an offer will undergo problems.

It noted that Thailand had rejected Chinese funding for its Bangkok-Vientiane line after disagreements over China’s proposed 2.5 per cent interest rate, choosing to finance the project itself but has yet to secure the US$5 billion for the first phase needed to date.

BMI also said acquiring land for the KL-Bangkok project will be hard, especially in Thailand where its land procurement laws are murkier than Malaysia’s.

It pointed out that the Thai government’s decision to begin construction before finishing land procurement raised the risk of the rail project stalling in the future.

BMI said that despite renewed interest to complete an Asian rail connection with the KL-Bangkok HSR, there is an uncertain economic feasibility because the travellers in smaller cities along the route lack disposable income to support the high fares that are likely to be charged.

The firm also said budget airlines already provide cheap fares for travel between the two cities and the HSR will face stiff competition once complete.

- See more at: http://m.themalaymailonline.com/mone....1rkbCQ49.dpuf
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