China to bid for Malaysia railway project

A Chinese consortium led by China Railway Corp will participate in bidding for a high-speed railroad linking Singapore and Malaysia in 2018, marking another step in China's ambitious strategy to export its high-speed railway technologies to Southeast Asia.

The media office of the Beijing-headquartered China Railway Rolling Stock Co confirmed this move but declined to give any specific details as the matter is still in progress.

The consortium, consisting of eight companies including CRRC, China Railway Construction Corporation Ltd, China Railway Signal and Communication Co and Export-Import Bank of China, covers the design, construction, telecommunication, financing, operating and maintenance sectors for the high-speed rail network.