According to Hongkong's "South China Morning Post" reported that the Hong Kong Railway Corporation Limited (00066.HK, hereinafter referred to as Mtr Corporation) chairman of the board Ma said the company plans to China railway company to bid jointly between Malaysia Kuala Lumpur and Singapore with a total length of 350 kilometers of cross-border high-speed rail project contract.
In May 16th, the Mtr Corporation responded surging news that the company is aware of China railway company may be interested in the connection between Malaysia and Singapore high-speed railway project, if Chinese Railway Corporation, the company needs any professional advice or support, the company will provide appropriate assistance. More details on the project are yet to be revealed.
According to reports, the Mtr Corporation signed a letter of intent on strategic cooperation with China Railway Corporation in December 16, 2016 to jointly seek opportunities for cooperation within China and the global market. According to the agreement, the two sides agreed to establish a strategic partnership to jointly promote the multi field, multi-level exchanges and cooperation, focusing on domestic and foreign high-speed railway project construction and operation and the corresponding property development and railway professional training. Chaoyang Hongda Machinery Co., Ltd.
Mtr Corporation on surging news said, in the strategic and cooperative relations, the company can seize the "Chinese Belt and Road Initiative" initiative brings about high-speed rail project opportunities, and through the Chinese railway company will cooperate each other advantages and complementary strengths, to seek cooperation opportunities in the global high-speed rail market.
If a new high-speed rail won the bid, will be the first investment Mtr Corporation into the "The Belt and Road" initiative.
Malaysia Kuala Lumpur to Singapore high-speed rail project, after three and a half years of consultations, in December 2016 by the two countries signed bilateral agreements.
According to the bilateral agreement signed between the two countries, a total length of 350 km of new high-speed rail is expected to be the global open tender in the fourth quarter of 2017, started in 2018. It is scheduled to be completed in 2026. After completion, passengers will take the high-speed rail to Kuala Lumpur and Singapore, only 1 hours and 30 minutes.
In April 21st, surging news had an interview with the Mtr Corporation executive director Jin Zepei, he said, and the Mtr Corporation will China railway company to forge the world especially "The Belt and Road along the country's high-speed rail market.
Jin Zepei said that the mainland enterprises in the technology, property rights, innovation ability, production capacity has great advantage, but when the "sea" investment and construction, will be encountered in commercial operation, contract management, project management and international standards, in the Hongkong enterprises can play its advantage over the years accumulated, this "manufacturing technology" and "international management experience," cooperation is one of the most efficient cooperation. Building materials industry
Jin Zepei said, "high iron Chinese railway company manufacturing and operating capacity ranks first in the world for more than and 10 years, built more than 2 thousand and 200 kilometers of high-speed railway, in operation, safety, reliability and punctuality are doing well. But, for overseas operations to build high-speed rail, will encounter a lot of international contract management, business operation problems, this MTR can help."
