The Malaysian government has met with several private sector parties to "gauge their interest" in pursuing the canned KL-Singapore high-speed rail project.
According to The Edge Malaysia's report on March 27, five companies were invited for a meeting recently. They are MMC Corp, WCT Holdings, Berjaya Group and Malaysian Resources Corp.
The Edge Malaysia points out that Gamuda, which has undertaken most of the big infrastructure projects in Malaysia, was not involved.
However, The Edge Malaysia, citing an unnamed source, says that it is a matter of time before Gamuda and other construction companies such as IJM Corp and Sunway Construction will have similar meetings.
Transport minister Anthony Loke was reported as saying on March 8 that the Malaysian government is open to reviving the HSR project. "But it must be a private sector project."
The HSR project, meant to link Singapore and KL, was put in motion under former prime minister Najib Razak but was terminated in 2021 by former prime minister Muhyiddin Yassin.
See also: Malaysia royalty-linked stock jumps on Singapore rail bid report
Singapore was paid RM320.27 million for "costs incurred".
