daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > Infrastructure and Mobility Forums > Railways

Railways (Inter)national commuter and freight trains



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old May 9th, 2017, 05:18 AM   #501
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,227
Likes (Received): 11224

No stopping Bandar Malaysia
BY MAZWIN NIK ANIS Friday, 5 May 2017


Quote:
PUTRAJAYA: The termination of the master developer for Bandar Malaysia will in no way derail plans to develop the area or the rationalisation of 1Malaysia Development Bhd (1MDB), said Datuk Seri Abdul Rahman Dahlan.

Describing this as a temporary glitch, the Minister in the Prime Minister’s Department said exciting times awaited the project despite what had happened.

“We were informed by the Prime Minister during the Cabinet meeting (on Wednesday) that a new company will be invited to be the master developer for Bandar Malaysia,” he said after meeting Japan’s Minister for Land, Infra*structure, Transport and Tourism Keiichi Ishii at his office here yesterday.

The Cabinet, said Abdul Rahman, who is in charge of the Economic Planning Unit, was also told that the new master developer had plans that were “far more attractive and comprehensive”.

“Let us move on from this episode. What is important is for the Go**vernment to show the people that Bandar Malaysia will be an economic catalyst – not only for Kua**la Lumpur but the whole country,” he added.

Abdul Rahman said that while the Prime Minister had not announced the new master developer, it was possible that foreign companies, including those from China, would be involved.

According to TRX City Sdn Bhd, an entity under the Ministry of Fi**nance Inc (MoF), the share sale agreement governing the development of the 197ha land in Sungai Besi had lapsed because ICSB – the prime movers – failed to meet the payment obligations despite being granted repeated extensions.

ICSB is a consortium comprising Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC). Following the termination of the agreement, MoF, through TRX City, owns 100% of Bandar Malaysia.

Bandar Malaysia is the country’s largest property project and an integral part of shaping the city.

It will be Malaysia’s transport nu*cleus, connecting the Kuala Lum*pur-Singapore High Speed Rail (HSR), MRT Lines, KTM Komuter, Express Rail Link and 12 highways.

The development of the land was initially given to 1MDB, which selected ICSB after a competitive process. However, as part of the restructuring of 1MDB finances, the land was returned to MoF.

Abdul Rahman also said that among elements which Malaysia would be looking for in companies bidding for the HSR project was how local contractors would be involved in its construction.

“We want to see companies have a plan to include Malaysia entities in sub-contractor works – whether this be civil, engineering or earth works at project sites.

“This is apart from the programme for human capital development and technology transfer be**cause we want a win-win situation for all involved,” he said.

The minister said many icompanies from China, Ja**pan, South Korea and even the United States and Europe were keen on the project, adding that bidding for the first package of the project would be at the end of the year.

The HSR project, currently at the concept design stage for infrastructure and system, is expected to be completed in 2026.

“Great interest shown by foreign companies reflect their confidence in the Government’s administration and the economy despite what our detractors claim.

“I have been approached, not only by companies but ministers to voice interest in HSR and this augurs well for Malaysia.”
Read more at http://www.thestar.com.my/news/natio...vlG5VwKIOOW.99
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey no está en línea   Reply With Quote

Sponsored Links
Old May 9th, 2017, 05:39 AM   #502
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,227
Likes (Received): 11224

High speed rail terminal project intact
BY TEE LIN SAY Tuesday, 9 May 2017



Another project: A panoramic view of KL Sentral. A MRCB-led consortium plans to build a similar transportation hub in Bandar Malaysia.

Read more at http://www.thestar.com.my/business/b...kRThKDGA6Cr.99
Quote:
PETALING JAYA: The construction of the station for the high-speed rail (HSR) project in Bandar Malaysia will not be affected by the changes in the status of the master developer of the project.

A consortium led by Malaysian Resources Corp Bhd (MRCB) is still in negotiations with Bandar Malaysia – wholly owned by the Ministry of Finance Inc (MoF) – to build an integrated transportation terminal to cater to the HSR project.

“The consortium signed an agreement directly with Bandar Malaysia, which is wholly owned by the MoF. Negotiations are ongoing on the design and details of the project and it depends on the alignment of the HSR,” said a source close to the authorities handling the project.

“The agreement to build the terminal is directly between the MRCB-led consortium and MoF and not affected by the developments with regard to the rest of Bandar Malaysia.”

Sources said the size of the land and the project requirements to build an integrated transport terminal allowed MRCB to replicate the KL Sentral project in Bandar Malaysia.

“They can build KL Sentral 2 in Bandar Malaysia,” said the source.

On Jan 27 this year, MRCB announced to the stock exchange that it had entered into a non-binding memorandum of understanding (MoU) with Wondrous Vista Development Sdn Bhd and Bandar Malaysia Sdn Bhd (now TRX City Sdn Bhd) to collaborate to develop the integrated transportation hub terminal at Bandar Malaysia.

Wondrous Vista is believed to be a private vehicle linked to Tan Sri Bustari Yusof from Sarawak. Bustari has several infrastructure projects, including the Pan-Borneo Highway, under his belt and is the major shareholder of Petra Energy Bhd.
The agreement in January came a day after an earlier MoU that MRCB-Wondrous Vista had signed with Iskandar Waterfront Holdings Sdn Bhd-China Railway Engineering Corp (M) Sdn Bhd (IWH-CREC) lapsed. The MoU was signed in June 2016 and was valid for six months.
According to the announcement in January, the MRCB-led consortium signed the agreement with Bandar Malaysia Sdn Bhd, which in turn is a 100% shareholder of Omega Cartel Sdn Bhd.

Omega Cartel is the registered owner of the 486 acres in Bandar Malaysia, out of which 60 acres have been earmarked for the purpose of an integrated transportation terminal.

MRCB said that together with Wondrous Vista and Bandar Malaysia, it intended to form a strategic alliance for the purpose of acquiring, constructing, developing and operating the transportation hub.
Sources said a decision has not been made whether MRCB would have an option to purchase the 60 acres outright from Bandar Malaysia, or the rail terminal project be undertaken on a public-private partnership basis.

“It could even be a deal financed by a land swap. The negotiations are still ongoing and are expected to be finalised by the expiry of the MoU,” said a source.

The MoU will remain valid for a period of six months.

Yesterday, MRCB was heavily traded, closing the day up 12 sen to RM1.68 on a volume of 34.65 million shares.
Bandar Malaysia, located in the former Sungai Besi air force base, will house the Kuala Lumpur-Singapore HSR terminus and become a central transport hub with connections to the mass rapid transit lines, KTM Komuter, Express Rail Link and 12 other highways.

A check with the Companies Commission of Malaysia showed that Wondrous Vista was incorporated on Jan 15, 2016.
Its nature of business is real estate activities, whereby it is involved in the buying, selling, renting and operating of self-owned or leased real estate, among others.

The directors of the company are Feroz A.S. Moidunny and Mohammed Rashdan Mohd Yusof.
Rashdan, better known as Danny Yusof, is perhaps best known for his colourful 10-month stint as deputy group CEO of Malaysia Airlines. Rashdan had previously helmed Bina Fikir Sdn Bhd, a boutique financial advisory firm, and was the CEO of Maybank Investment Bank.

Last Wednesday, the MoF announced that its agreement with IWH-CREC to be the master developer of Bandar Malaysia had lapsed because the latter had failed to fulfil payment obligations. IWH’s Tan Sri Lim Kang Hoo (pic) contended that all obligations had been met and is disputing that the agreement has lapsed.

Following the announcement, Iskandar Waterfront City Bhd (IWC) was suspended from trading for two days.
As expected, when the shares were requoted yesterday, it hit limit down, falling 30% to RM2.16 on a volume of 4.05 million shares.

The fact that IWC announced on Friday evening that there would be an injection of 3,598 acres worth RM4.3bil in relation to its proposed merger with IWH made no difference to investors.

They panic sold the stock, as without Bandar Malaysia, investors see no light.

On the other hand, Tan Sri Desmond Lim’s companies, WCT Holdings Bhd and Malton Bhd, which have been deemed to be interested parties in the bid for the Bandar Malaysia project, saw a pullback in their share prices yesterday after the companies announced that they were not in any discussions to bid for the Bandar Malaysia project.

The announcement came about after it was reported that the Malton group, together with the Dalian Wanda group of China, could bid to be the master developer of the project. This came about as Desmond was said to have put up a strong bid for Bandar Malaysia in 2015 when the competitive bid was won by IWH-CREC.

It has been speculated that the Employees Provident Fund (EPF) could also be roped into the bid for the Bandar Malaysia project.

“The EPF is already in MRCB. It is not keen on the Bandar Malaysia master development job,” said a source.

Malton, which reached a high of RM1.89, ended up closing the day down five sen to RM1.50. WCT Holdings was also affected, closing the day lower by nine sen to RM2.22.
Read more at http://www.thestar.com.my/business/b...kRThKDGA6Cr.99
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey no está en línea   Reply With Quote
Old May 11th, 2017, 01:50 PM   #503
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,227
Likes (Received): 11224

Systra, Meinhardt secure contracts for KL-Singapore HSR project
Thursday, May 11, 2017 - 15:21 by LYNETTE KHOO


www.meinhardtgroup.com


www.systra.com
Quote:
GLOBAL engineering firms Systra and Meinhardt on Thursday announced that they have been awarded two contracts for the Kuala Lumpur-Singapore High Speed Rail (HSR) project by MyHSR Corporation, the company responsible for the development and promotion of the project.

Systra and Meinhardt will provide the full range of multi-disciplinary services and expertise under the Reference Design Consultant contracts.

These contracts also mark the start of a collaboration between the two companies. Systra, which has been providing its services since 1957, specialises in the mass transit and rail market with a presence in 80 countries; Meinhardt has been providing a broad range of engineering consulting capabilities for the past 60 years and has 45 offices worldwide.

The first contract covers the civil reference design works of the two international stations in Malaysia, Bandar Malaysia in Kuala Lumpur and Iskandar Puteri at the southern end of the Malaysian alignment.

The second contract covers the civil reference design works covering the first 38km from Bandar Malaysia Station to the state border between Selangor and Negeri Sembilan.
http://www.businesstimes.com.sg/comp...re-hsr-project
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!

elekto liked this post
nazrey no está en línea   Reply With Quote
Old May 15th, 2017, 05:45 PM   #504
TWK90
Infrastructure
 
TWK90's Avatar
 
Join Date: May 2007
Posts: 4,798
Likes (Received): 3171

South China Morning Post

http://www.scmp.com/news/hong-kong/economy...ail-giant-build

Quote:
Hong Kong’s MTR Corp plans joint bid with mainland rail giant to build Kuala Lumpur-Singapore link
Project would be corporation’s first attempt to capitalise on mainland government’s ‘Belt and Road’ trade strategy

Hong Kong’s rail operator plans to join forces with a state-owned mainland Chinese rail giant to bid to build a multibillion-dollar rail line between Malaysia and Singapore, in its first attempt to capitalise on China’s global trade and commerce strategy, a top official said.

MTR Corporation chairman Frederick Ma Si-hang told the Post exclusively that the company was interested in partnering with China Railway Corporation to bid for a contract to build a 350km high-speed rail link between Kuala Lumpur and Singapore.

If it materialises, the project would be MTR Corp’s first investment under China’s “Belt and Road” plan.

“We want to expand into new markets under the ‘Belt and Road’ initiative,” Ma said. “But we are careful in considering factors such as financial viability of projects and risks.”

Ma is part of a 30-strong delegation from Hong Kong led by Chief Executive Leung Chun-ying at the Belt and Road Forum for International Cooperation, in Beijing.

Chinese President Xi Jinping rolled out the red carpet for 1,200 delegates from more than 100 countries or territories on Sunday and Monday.

Ma learned from Malaysia’s transport minister Liow Tiong Lai at the forum on Sunday that tender for the rail project was due at the end of this year, with completion expected in 2026.

Ma said MTR Corp and China Railway Corp signed a memorandum of understanding for cooperation in the initiative last December, paving the way for future partnership in more than 60 countries along the plan’s two trade corridors: the old Silk Road land route to the north, and the maritime Silk Road to the south.
TWK90 no está en línea   Reply With Quote
Old May 25th, 2017, 06:00 AM   #505
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,227
Likes (Received): 11224

TENDER UPDATE 2017:
Appointment Date/Awarded To

26 July 2016 CH2M/PwC
Technical Advisory Services Kuala Lumpur – Singapore High Speed Rail
Provide specialist HSR technical advisory on the planning and design aspects of the Malaysian section of the HSR project

16 February 2017 WSP Engineering Malaysia Sdn Bhd, Mott MacDonald Malaysia Sdn Bhd, and Ernst & Young Advisory Services Sdn Bhd.
MyHSR, Malaysia and LTA, Singapore Joint Tender for the Joint Development Partner ('JDP')
Provide project management support and technical advice on HSR systems and operations, develop the technical and safety standards to be adopted for the project as well as the preparation of the documents for the forthcoming tenders relating to the joint aspects of the project, such as the appointment of the AssetsCo and OpCo International.

3 April 2017 Consortium led by Systra S.A.
Civil Reference Design Consultant 01 ('RDC01')
Provide civil reference design of the HSR infrastructure within Malaysia (International stations at Bandar Malaysia and Iskandar Puteri.)

3 April 2017 Consortium led by Systra S.A.
Civil Reference Design Consultant 03 ('RDC03')
Provide civil reference design of the HSR infrastructure within Malaysia (Civil works between Bandar Malaysia Station State border between Selangor and Negeri Sembilan.)

3 April 2017 Jacobs Engineering Services Sdn. Bhd.
Civil Reference Design Consultant 02 ('RDC02')
Provide civil reference design of the HSR infrastructure within Malaysia (Five Domestic stations within Malaysia at Putrajaya, Seremban, Ayer Keroh, Muar, and Batu Pahat.)

3 April 2017 Consortium led by Ranhill Consulting Sdn. Bhd.
Civil Reference Design Consultant 04 ('R*DC04')
Provide civil reference design of the HSR infrastructure within Malaysia (Civil works from the State border between Selangor and Negeri Sembilan to the State border between Melaka and Johor.)

3 April 2017 HSS Integrated Sdn. Bhd.
Civil Reference Design Consultant 05 ('RDC05')
Provide civil reference design of the HSR infrastructure within Malaysia (Civil works from the State border between Melaka and Johor to the northern end of the station throat at Iskandar Puteri Station.)

3 April 2017 AECOM Perunding Sdn. Bhd.
Civil Reference Design Consultant 06 ('RDC06')
Provide civil reference design of the HSR infrastructure within Malaysia (Civil works from Iskandar Puteri Station to the International Border between Malaysia and Singapore, including the crossing.)

SOURCE: http://www.myhsr.com.my/tender.php
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!

AsHalt liked this post

Last edited by nazrey; May 25th, 2017 at 06:09 AM.
nazrey no está en línea   Reply With Quote
Old May 25th, 2017, 06:20 AM   #506
AsHalt
Registered User
 
Join Date: Nov 2013
Location: Singapore
Posts: 1,265
Likes (Received): 181

Seems like the progress is going nicely. Possible end of the consultation period around end of year?
AsHalt no está en línea   Reply With Quote
Old May 25th, 2017, 06:22 AM   #507
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,227
Likes (Received): 11224


http://newpropertyboard.com/news/sg-kl-hsr-project/

__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!

twistedkl liked this post
nazrey no está en línea   Reply With Quote
Old June 12th, 2017, 07:26 AM   #508
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,227
Likes (Received): 11224



MYHSR CORPORATION SDN BHD
Level 9, Block A, Platinum Sentral
Jalan Stesen Sentral 2, Kuala Lumpur Sentral
http://www.myhsr.com.my/contact.php


http://www.worldarchitecturenews.com...ain_1000px.jpg
Distorted city view #kualalumpur #malaysia #kl #igersmalaysia #igmalaysia #city #architecture #street #instagood #cityscape #picoftheday #photooftheday #light #lights #design #building #urban #archilovers #architecturelovers #architectureporn #archdaily # by Ezry Abdul Rahman, on Flickr
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!

Last edited by nazrey; June 13th, 2017 at 02:47 AM.
nazrey no está en línea   Reply With Quote
Old June 12th, 2017, 07:54 AM   #509
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,227
Likes (Received): 11224

Industry briefing on HSR tenders
By Business Times - June 9, 2017 @ 10:29pm



MyHSR Corp and Land Transport Authority of Singapore will hold an industry briefing on tenders for the Kuala Lumpur-Singapore High Speed Rail (HSR) project on July 5, said Minister in the Prime Minister’s Department Datuk Seri Abdul Rahman Dahlan. File pix by Ahmad Irham Mohd Noor

Quote:
KUALA LUMPUR: MyHSR Corp and Land Transport Authority of Singapore will hold an industry briefing on tenders for the Kuala Lumpur-Singapore High Speed Rail (HSR) project on July 5.

The briefing will share key features of the HSR project, as well as indicative AssetsCo (assets company) tender parameters and technical specifications.

It will also provide the market details on the next steps of the AssetsCo tender, which will be held in an open, fair and transparent manner, Minister in the Prime Minister’s Department Datuk Seri Abdul Rahman Dahlan said in a statement today.

“Throughout Malaysia’s HSR journey to date, the government has received requests and expression of interests from the industry as well as from the local value chain.

“This industry briefing provides an avenue for dialogue and feedback between both the governments and the industry. Therefore, I would urge all interested parties to participate in this briefing and provide feedback to the working teams,” Rahman added.

The HSR project, he said, while complex and extensive, will generate huge socio-economic impact arising from the increased connectivity and travel efficiencies.

“As the project gathers speed, more announcements will be made to keep the market informed of the project’s progress and to prepare the market to allow for active participation from all parties.

The HSR is expected to start operations in 2026.
https://www.nst.com.my/business/2017...ng-hsr-tenders
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey no está en línea   Reply With Quote
Old June 21st, 2017, 08:12 AM   #510
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,227
Likes (Received): 11224

KL-Singapore HSR assets firm tender may draw up to 10 bids
Khairie Hisyam Aliman June 20, 2017 22:07 pm MYT

Quote:
KUALA LUMPUR (June 20): The upcoming tender to appoint a privately-financed assets company (AssetsCo) for the development of the Kuala Lumpur-Singapore high-speed rail (HSR) project may see up to 10 bidding consortiums, says MyHSR Corp Sdn Bhd chief executive officer Mohd Nur Ismal Mohamed Kamal.

"A consortium will have multiple companies in it depending on their respective roles," he told a media briefing today, ahead of an upcoming joint industry briefing by Malaysia and Singapore for the AssetsCo tender.

The tender is scheduled to be called in the fourth quarter of 2017.

The joint industry briefing is expected to attract more interested parties than a previous request for information in 2015, which drew 98 submissions, said MyHSR's commercial director Tonny Yeap.

"Registrations of interest so far are predominantly from East Asian companies plus Europeans," Yeap told theedgemarlets.com on the sidelines of today's media briefing.

The governments of Japan, South Korea and China have strongly lobbied for participation in the project over the past couple of years.

"It's natural as these are the countries with the high speed rail technologies," Yeap said.

Yeap added that the AssetsCo tender is believed to be among the largest in the world.

The AssetsCo will be responsible for designing, building, financing and maintaining the trains, tracks and communication systems, among others.

Among the roles to be taken on by the consortium are traffic control and communications systems providers, asset managers of networks and rolling stock providers.

A consortium would also be expected to have signalling providers, network operators and and financiers, MyHSR said.

When asked whether having a local partner in a consortium will be a requirement, Nur Ismal said the matter had not been decided by the governments of Malaysia and Singapore.

The AssetsCo will derive two revenue streams, Nur Ismal said. The first will be from leasing trains to the HSR operating companies.

While a lease rate will be set, the lease payments may vary depending on utilisation, he added.

The second revenue stream will come from the two governments via MyHSR Corp and the Singaporean Land Transport Authority (LTA).

Called availability payments, the second revenue stream will ensure the AssetsCo will have a set amount of funds to operate with annually and insulate them from passenger volume risk, Nur Ismal said.

The payments will be for the duration of the concession of between 20 and 25 years.

"This is to pay for the capex that they spend to build the systems, buy the trains and so on. It will run into the billions," said Nur Ismal.

Bidding consortiums would indicate the expected annual sum in the AssetsCo tender, Nur Ismal added.

The 350km Kuala Lumpur-Singapore HSR is expected to cut travel time between the two cities to 90 minutes. The deadline for completion is set for 2026.
http://www.theedgemarkets.com/articl...y-draw-10-bids
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!

aquaticko liked this post
nazrey no está en línea   Reply With Quote
Old June 28th, 2017, 09:55 AM   #511
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,227
Likes (Received): 11224

AmInvest Research retains Buy for Gamuda, FV RM5.96
Wednesday, 28 June 2017 | MYT 9:08 AM



Gamuda is expected to benefit from the rollout of several rail-based mega projects.

Quote:
KUALA LUMPUR: AmInvestment Research is maintaining its Buy call for Gamuda and it is also retaining its forecasts and sum-of-parts based fair value of RM5.96.

It said on Wednesday this values Gamuda's construction business at 16 times CY18 net profit, in line with its benchmark one-year forward P/E of 14 to 16 times for large-cap construction stocks.

“Gamuda's 9MFY17 results met expectations at 75% and 71% of our full-year forecast and the full-year consensus estimates respectively.

“Overall, its 9MFY17 net profit only grew 5% on-year as stronger construction profits were partially offset by weaker property profits and a higher effective tax rate.

Gamuda guided for RM10bil new construction job wins over the next 12 months “from the rollout of several rail-based mega projects” which AmInvestment Research believes include the LRT3, East Coast Rail Link (ECRL), KL-Singapore high-speed rail (HSR) and MRT3.

On the other hand, Gamuda said that it is no longer pursuing the Gemas – Johor Bahru double tracking. Our forecasts conservatively assume Gamuda would secure RM2bil new jobs annually in FY17-19F. Its construction order backlog stands at RM8.2bil at present.

“Gamuda is on track to beat its property sales target of RM2.12bil in FY17. For 9MFY17, it already clocked up RM1.4bil sales largely due to strong showing from overseas (particularly, Vietnam and Singapore) which contributed to about 55% of total sales,” it said.

AmInvestment Research noted that Gamuda stated it is likely to end FY17 with about RM2.5bil sales thanks to the maiden contribution from its newly launched RM6.9bil Gamuda Gardens in Rawang.

“Our forecasts already assume a recovery in Gamuda’s property profits from FY18.

“Gamuda is the best proxy to the booming construction sector in Malaysia given its dominant roles in the MRT (as the project delivery partner (PDP) and tunneling contractor), and potentially in other mega rail-based projects in the pipeline such as the LRT3, ECRL, KL-Singapore HSR,” the research house said.

Read more at http://www.thestar.com.my/business/b...ShH4qtrCHMY.99
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey no está en línea   Reply With Quote
Old June 30th, 2017, 10:04 AM   #512
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,227
Likes (Received): 11224

MyHSR Corporation awards KL-SG HSR contracts to Jurukur Perunding Services Sdn Bhd, Teraju Ukur
By FRANCIS DASS - June 29, 2017 @ 5:12pm
Quote:
KUALA LUMPUR: MyHSR Corporation Sdn Bhd has awarded the Ground Control Point (GCP) survey works contracts for the Kuala Lumpur-Singapore High Speed Rail (KL-SG HSR) to Jurukur Perunding Services Sdn Bhd and Teraju Ukur.

The company released a statement today saying that the consultants will be responsible for the installation of the GCP markers and the establishment of a common reference between the national and state grids, and coordinate systems for the purposes of the project.

“The GCP survey works is a critical component of the preparatory works of the KL-SG HSR project as it will provide the project with a referenced coordinate scheme that will be essential for the purposes of land acquisition and construction along the project’s 335km alignment in Malaysia," MyHSR Corporation said in the statement.

The awarding of the two contracts follows an open tender exercise which was launched in January this year.

“Progress on the KL-SG HSR project has been ramping up after the signing of the Bilateral Agreement between the Governments of Malaysia and Singapore in 2016. The work to be completed by the appointed consultants will form the interface between the relevant grid systems and the project works

“MyHSR will continue to work closely with the Department of Survey and Mapping Malaysia (JUPEM) to oversee the development of this common reference system,” said MyHSR CEO Mohd Nur Ismal Mohamed Kamal.

MyHSR Corporation was incorporated in 2015 and is wholly-owned by the Minister of Finance Incorporated. It acts as the Government of Malaysia’s project delivery vehicle for the KL-SG HSR project and is responsible for the development and implementation of the project.
https://www.nst.com.my/business/2017...g-services-sdn
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey no está en línea   Reply With Quote
Old July 1st, 2017, 10:50 PM   #513
rotiking
Registered User
 
Join Date: Dec 2015
Posts: 328
Likes (Received): 155

Quote:
Originally Posted by nazrey View Post
MyHSR Corporation awards KL-SG HSR contracts to Jurukur Perunding Services Sdn Bhd, Teraju Ukur
By FRANCIS DASS - June 29, 2017 @ 5:12pm


https://www.nst.com.my/business/2017...g-services-sdn
So meaning these 2 company will decide the exact station location and how the rail line being laid out?
rotiking no está en línea   Reply With Quote
Old July 3rd, 2017, 12:19 AM   #514
tjrgx
Registered User
 
Join Date: Oct 2013
Location: Boston
Posts: 1,036
Likes (Received): 2799

Singapore companies aim to nab high-speed rail project

http://asia.nikkei.com/Business/Deal...d-rail-project

TOMOMI KIKUCHI, Nikkei staff writer

SINGAPORE -- Six local companies have formed a consortium, hoping to join a project to build a high-speed railway between this city-state and Kuala Lumpur.

The consortium consists of DBS Group Holdings, the leading Singaporean bank; railway operator SMRT International; Sembcorp Design & Construction, a subsidiary of local conglomerate Sembcorp Industries; Singapore Technologies Electronics; Surbana Jurong, a government-owned consultancy company; and Clifford Capital.

The partners aim to participate in the project by bringing together their individual expertise and working with foreign partners.

Railway companies from Japan, China and Europe are among the foreign businesses aiming to take part in the project. The roughly 350km high-speed rail link is expected to begin operating in 2026, offering a roughly 90-minute trip between Singapore and the capital city of neighboring Malaysia.
tjrgx no está en línea   Reply With Quote
Old July 4th, 2017, 04:19 PM   #515
Paolonutini98
Registered User
 
Paolonutini98's Avatar
 
Join Date: May 2017
Location: KL & Nottinghamshire
Posts: 718
Likes (Received): 954

Bombardier keen to support KL-Singapore High-Speed Rail

KUALA LUMPUR: Bombardier Transportation, the rail equipment division of the Canadian firm, Bombardier Inc, is keen to support the Kuala Lumpur - Singapore High Speed Rail (KL-SG HSR), especially in terms of rolling stock, signalling segments and maintenance services.
Bombardier Malaysia Chief Country Representative Ahmad Marzuki Ariffin said the group will bid for the KL-SG HSR project and support the overall project across all the three segments.
"Bombardier has been maintaining train fleets around the world over the last five decades. We are one of the world's largest suppliers of rolling stocks," he told Bernama on Tuesday (Jul 4).
Marzuki said the group also excelled at high-speed signalling systems, providing the service to HSRs in Europe and China.
Bombardier entered the Malaysian market in 1992, when Bombardier Transportation and Taylor Woodrow International were the lead sponsors of the Kuala Lumpur Sri Petaling and Ampang STAR (Sistem Transit Aliran Ringan) Lines.
Marzuki said to date, Bombardier had received close to US$1 billion (US$1=RM4.30) worth of orders in Malaysia.


He added that Bombardier had also been supplying on-board signalling technology to Keretapi Tanah Melayu Berhad (KTMB) and provided its advanced communications-based train control (CBTC) solution for two of the Klang Valley Rapid Transit network (KVMRT) lines.
Marzuki said Bombardier was actively communicating with stakeholders to assist in future projects such as the KL-SG HSR and the third phase of the KVMRT line.
Meanwhile, Singapore's Land Transport Authority and Malaysia’s MyHSR Corporation are reportedly ready to conduct an industry briefing this month to outline the parameters for the upcoming asset company tender for the KL-SG HSR.
On the briefing meeting, Bombardier Transportation said it would be making its decision based on the tender specifications, adding, it was too early to say whether it would be working with a partner or go solo on the project.
sentifi.com
Channel News Asia - Sentifi topic widget
Meanwhile, Bombardier’s Project Director for the KVMRT Line Two, Ariffin Nawawi said the Trans-Asia railway network services from Singapore would eventually extend up to Kunming, China.
“The double tracking from Kuala Lumpur to Padang Besar (Perlis) is already completed and Bombardier supplied the on-board equipment for the signalling system component of the project,” he added.
Ariffin, who was also in charge of Bombardier Malaysia’s Rail Control Solutions Division, however said, the company was facing a number of competitors who were bringing in their own products at competitive prices.
“So, we need to be innovative to grab market share,” he added.
Source: Bernama/ec
http://www.channelnewsasia.com/news/...d-rail-9003662
__________________
When you know better you do better
Paolonutini98 no está en línea   Reply With Quote
Old July 6th, 2017, 08:33 AM   #516
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,227
Likes (Received): 11224

HSR briefing draws 165 companies
By ZARINA ZAKARIAH - July 6, 2017 @ 12:34pm



MyHSR Corp Sdn Bhd chief executive officer Mohd Nur Ismal Mohamed Kamal says the current phase focuses on the assets company tender.
Quote:
MMC Corp Bhd, UEM Group Bhd and French transport systems giant Alstom are among 165 local and international firms which have sent their representatives for a briefing on the Kuala Lumpur-Singapore high-speed rail (HSR) project in Singapore.

Their solid interest is a sign of oncoming intense competition among the large and small-cap companies for the main contract.

Europe formed the biggest group at the briefing yesterday, which was jointly organised by MyHSR Corp Sdn Bhd and Singapore’s Land Transport Authority (LTA).

There were 67 entities from Europe, followed by Malaysia (29), Singapore (25), other Asian countries (21), North America (17) and Australia (six).

“We are pleased with the strong interest from companies all over the world for the industry briefing. Following the industry briefing, we will be calling the assets company (AssetsCo) tender by the end of this year, and we look forward to receiving quality bids from various consortia,” said LTA chief executive Ngien Hoon Ping in a joint statement by MyHSR and LTA yesterday.

Independent economist Dr Suresh Kumar Ramanathan said the strong interest pointed to a stiff competition for the main AssetCo job.

“There are two criteria: one is safety and the other is the spillover development along the key track line. If companies bidding for it can fulfil the obligations, then the project is on the right track. Bear in mind that safety is vital for rail users as well people living near these stations,” he told NST Business.

He said trying to cut corners on cost for a trade-off with safety would be risky.

Citing Singapore’s mass rapid transit as an example, Suresh said the project had been well planned but there had been a spate of breakdowns lately.

“This implies that you need someone that has minimal derailment, delays and right-on-time service.”

On the briefing, MyHSR and LTA said 400 participants from across the entire HSR value chain were present.

These included suppliers and integrators of rolling stock and system, network operators, engineering and legal consultants, financiers and investors, operators and construction companies.

MyHSR chief executive officer Mohd Nur Ismal Mohamed Kamal said the HSR was a large transport infrastructure project for both countries and would be implemented in an efficient manner.

The briefing was to inform the participants on the progress of the project, including indicative tender parameters, procurement processes and the harmonisation of regulatory requirements for the upcoming AssetsCo tender.

It also served as a platform to encourage interested companies to form consortia to participate in the tender.

“It is essential that we explore all opportunities for innovation to ensure that the project is implemented in the most efficient manner.

“The project will be implemented in phases and this current phase focuses on the AssetsCo tender. Other tenders such as the civil and operating company tenders will be developed according to the project timeline and announcements will be made in due course,” said Nur ismal in the statement.

The AssetsCo is responsible for designing, building, financing and maintaining all rolling stock, as well as designing, building, financing, operating and maintaining all rail assets such as track-work, power, signalling and telecommunications.

“The AssetsCo will also develop and implement a Network Code, to coordinate the system’s network capacity for operations and maintenance needs.

“The AssetsCo tender will prioritise safety and security, availability and reliability, proven technology, operations flexibility, customer centric design, value for money, and collaborative project implementation as procurement objectives,” said Nur Ismal. Additional reporting by Farah Adilla
https://www.nst.com.my/business/2017...-165-companies
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!

Paolonutini98 liked this post
nazrey no está en línea   Reply With Quote
Old July 14th, 2017, 11:04 AM   #517
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,227
Likes (Received): 11224

TENDER UPDATE 2017:
Appointment Date/Awarded To

13 June 2017 Jurukur Perunding Services Sdn Bhd
Ground Control Point Survey Works Package 1 for the Kuala Lumpur – Singapore High Speed Rail ('GCP01')
Establishment of a common reference point between the National Grid, the State Grid and the HSR Project Grid within FT. Kuala Lumpur, Selangor, FT. Putrajaya, Negeri Sembilan and Melaka as well as installation and construction of monuments / markers at identified areas.
13 June 2017 Teraju Ukur
Ground Control Point Survey Works Package 2 for the Kuala Lumpur – Singapore High Speed Rail ('GCP02')
Establishment of a common reference point between the National Grid, the State Grid and the HSR Project Grid within Johor and up to the Malaysia – Singapore International Border as well as installation and construction of monuments / markers at identified areas.

SOURCE: http://www.myhsr.com.my/tender.php
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey no está en línea   Reply With Quote
Old July 28th, 2017, 09:04 PM   #518
Paolonutini98
Registered User
 
Paolonutini98's Avatar
 
Join Date: May 2017
Location: KL & Nottinghamshire
Posts: 718
Likes (Received): 954

Korea rebuilds consortium for KL-S'pore rail deal
By Kim Jae-kyoung
SINGAPORE — South Korea is rebuilding its team for the multibillion dollar Malaysia-Singapore high-speed rail (HSR) project in a bid to win the lead role in an international tender to be held in the fourth quarter of this year.
The move came after the Land Transport Authority (LTA) of Singapore and MyHSR of Malaysia jointly hosted an industry briefing on the progress of the rail project in early July.
The two Southeast Asian nations signed a binding contract in December 2016 to develop a 350km rail link between Kuala Lumpur and Singapore scheduled to be completed by 2026.
“We are trying to rebuild our consortium for the high-speed rail project to best meet the requirements by both of Singaporean and Malaysian governments,” Park Min-woo, assistant minister for the Ministry of Land, Infrastructure and Transport told The Korea Times.
“Since they announced they will place emphasis on track records, we are trying to reinforce our team with more experienced firms,” he added. “In particular, we will find a foreign partner for an alliance in the area of ‘signaling’ because there are no domestic firms with proven track records.”
The briefing was aimed at encouraging firms to form consortia to participate in the tender for the assets company (AssetsCo), which will be responsible for designing, building, financing and maintaining all rolling stock and rail assets, such as track-work, power, signaling and telecommunications.
"Following the industry briefing, we will be calling the AssetsCo tender by the end of this year, and we look forward to receiving quality bids from various consortia," said LTA chief executive Ngien Hoon Ping.
In a joint statement, the two governments said that the tender will prioritize several features, such as safety and security, proven technology, operations flexibility and value for money as procurement objectives.
For a successful bid, South Korea is now reviewing highlights from the industry briefing and seeking ways to reinforce its public-private joint consortium.
“We are reviewing all possible options to realign our consortium to better compete against China and Japan,” an executive from the Korea Rail Network Authority (KRNA) who attended the industry briefing said on condition of anonymity.
“Nothing has yet to be decided but it is likely to be finalized in the coming weeks.”
The KRNA is spearheading the realignment by teaming up with Korea Railroad Corp. (KORAIL) and large Korean companies, such as Hyundai Rotem for locomotives, and KT for telecommunication for network construction.
Confident but lack of support
The bidding race for the rail project estimated to cost around $15 billion is likely to be keenly competitive.
Almost 400 participants from 165 organizations, including rolling stock and system suppliers, engineering and legal consultants, as well as operators and construction companies, showed up at the briefing.
There were 21 entities from Asia, 67 from Europe, 17 from America, 25 from Singapore, 29 from Malaysia, and others.
Although Japan and China are jostling for the mega deal, Korea remains confident that it can win the HSR project expected to cut travel time between Singapore and Kuala Lumpur to 90 minutes.
“At first we felt that we were way behind China and Japan because of a lack of government support and weak financing capability,” said a Singapore-based official from a Korean construction company asking not to be named.
“But now we believe that we can give it a try as our key strength, an ability to transfer technology and grant its resale right, could give us a competitive edge,” he added.
According to the Korean government, unlike other countries, Korea is able to transfer most of its key technologies and knowhow because the public sector has secured them through a state-led R&D project. However, some participants in the consortium are voicing concerns that the nation’s bidding attempt may lose momentum unless President Moon Jae-in drums up his support for the deal.
“What is most worrisome is that President Moon and Cheong Wa Dae have yet to provide concrete support for the project,” said the KRNA executive.
“It was one of the key overseas projects under former President Park Geun-hye,” he added. “However, since she was ousted from office, Cheong Wa Dae has not seemed to have great interest in it.”
The project is considered particularly important for Korea because it can pave the way for the country to lay the groundwork in the burgeoning Southeast Asian infrastructure market.

http://m.koreatimes.co.kr/phone/news...newsidx=233732
__________________
When you know better you do better

atmapgnew liked this post
Paolonutini98 no está en línea   Reply With Quote
Old August 1st, 2017, 07:55 AM   #519
Paolonutini98
Registered User
 
Paolonutini98's Avatar
 
Join Date: May 2017
Location: KL & Nottinghamshire
Posts: 718
Likes (Received): 954

AS MANY as 10 Japanese companies are eyeing for a slice of the estimated RM60 billion Kuala Lumpur (KL)-Singapore high-speed rail (HSR) project, intensifying the rivalry between Asia’s two largest economies.

Chinese firms have made it clear of their intention to secure the 350km rail line, which will cut rail travelling time and spur economic development along the corridor.

Japan’s East Japan Railway Co, Sumitomo Corp, Hitachi Ltd and Mitsubishi Heavy Industries Ltd have been reported to be keen on Malaysia’s single most expensive infrastructure project.

Electronic giant NEC Corp has also stated its interest to partner the core companies in the project.

Japanese External Trade Organisation (JETRO) KL MD Akira Kajita (pic) said all the Japan-based companies are expected to be part of a single consortium that comprises railway enterprises, real estate developers, heavy machineries and electronic firms.

“There is a Japanese group of eight to 10 companies who will compete with other contingents for the HSR project. I think that will be the only group who will bid (from Japan),” he told The Malaysian Reserve yesterday.

Japan is globally recognised for their Shinkansen bullet train that connects key cities across the island nation with speeds up to 300km/h.

Interest for Malaysia’s first HSR has garnered attention from European and Korean firms as well.

https://themalaysianreserve.com/2017...d-hsr-project/
__________________
When you know better you do better
Paolonutini98 no está en línea   Reply With Quote
Old August 23rd, 2017, 04:42 PM   #520
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,227
Likes (Received): 11224


http://www.straitstimes.com/singapor...ail-project-pm
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 10:18 PM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2018, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

tech management by Sysprosium