Alstom has teamed up with Siemens, Ferrovie dello Stato Italiane, George Kent and Porr to bid for the AssetsCo (Assets Company) tender for the Kuala Lumpur – Singapore High Speed Rail (KL – Singapore HSR) project. They will work together to prepare a joint offer encompassing engineering, procurement and construction (EPC) and operations & maintenance (O&M) for the tender.
The companies said this partnership shall result in a powerful team combining European technology and project experience with the best local expertise. The two manufacturers, Siemens and Alstom, have decades of technology leadership and excellence in delivering complex cross-border high speed railway projects. In the past, both of them have also worked on similar complex private public partnership (PPP) projects across the globe. Ferrovie dello Stato Italiane brings expertise in railway operation and a vast global footprint.
The three European companies are joined by George Kent, a Malaysian company offering significant construction experience in rail transportation projects and a strong local knowledge of the Malaysian market. Porr is a highly experienced track work provider offering an advanced slab track technology proven in operation on high speed railways.
The AssetsCo will be responsible for designing, building, financing and maintaining all rolling stock, as well as designing, building, financing, operating and maintaining all rail assets (e.g. signalling, trackwork, power and telecommunications) for the KL–Singapore HSR. The AssetsCo will also manage the system’s network for operations and maintenance needs.