Caixin
May 23, 2016 07:23 PM

Chinese Consortium in Malaysia to Lobby for Multi-Billion Dollar Rail Project

(Beijing, Singapore) – 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, an employee of the CRC said. They left for Kuala Lumpur on May 23 to meet with Malaysian government officials to lobby for the project that involves constructing a 350-kilometer track, he said.

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