Caixin reports a group led by the national railway operator China Railway Corp. (CRC) is pushing for a high-speed rail project linking Singapore and Malaysia’s capital, Kuala Lumpur, people with knowledge of the situation said. The team led by Sheng Guangzu, general manager of the CRC, includes representatives from state-owned infrastructure developer China Railway Construction Corp. Ltd. (CRCC), China Railway Signal & Communication Corp and several banks. A Japanese consortium led by the East Japan Railway Company, known as JR East, are also bidding for the project. European companies including Germany’s Siemens and Spain’s Talgo have signaled their interest in joining the race.
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