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European group to bid for Malaysia-Singapore high-speed train

AFP  |  Kuala Lumpur 

A powerful European consortium that includes and has partnered with a Malaysian firm to bid for a high-speed train project connecting and Singapore, the companies announced today.

The consortium is expected to face an array of competing bidders, including those from and

The 350-km link that will connect with the Malaysian capital is targeted to be completed by 2026.

Bids must be submitted by the middle of this year and the contract is expected to be awarded by year-end.

The railway is expected to cut between Kuala Lumpur and to 90 minutes from about four to five hours currently by road. It takes an average 50 minutes to travel by plane.

There is currently no train service between the two capitals.

As well as Germany's and France's Alstom, the other consortium members are Italy's Ferrovie dello Stato Italiane and Austrian construction firm

They will partner with Malaysian engineering firm George Kent to bid for the project.

"This partnership shall result in a powerful team combining European technology and project experience with the best local experience," said a joint statement filed with the Malaysian stock exchange.

last year announced a merger with Siemens, to be completed in 2018.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 12 2018. 18:00 IST