December 27, 2017

A Chinese consortium led by China Railway Corp (CRC) plans to bid for the high-speed railroad linking Singapore and Malaysia next year.

According to China Daily, the media office of the Beijing-headquartered China Railway Rolling Stock Co confirmed the move but declined to provide any specific details as the proposal is still being put together.

The consortium consists of eight companies including China Railway Construction Corporation, China Railway Signal and Communication, and Export-Import Bank of China.

Deputy general manager of CRC, Huang Min, will lead the consortium, according to Caixin Global.

Read more:

http://www.businessinsider.sg/chinese-consortium-to-bid-for-singapore-kl-high-speed-rail-project/