Around 150 companies and consortia have expressed interest in the joint Request for Information (RFI) exercise on the Kuala Lumpur-Singapore High Speed Rail (HSR) project, Singapore's Land Transport Authority (LTA) said on Monday.

These companies and consortia come from across the HSR value chain and include entities based in Malaysia, Singapore, Asia-Pacific, Europe, Middle East and North America. All responses to the RFI must be received no later than 12:00 p.m. on Nov. 18, LTA noted.

"We are pleased by the market's positive response to the RFI exercise. We look forward to receiving their feedback next month. This feedback will be critical in helping us with the commercial model of the project, and will help ensure that this project starts off on the right note," said CEO of Malaysia's Land Public Transport Commission (SPAD), En Mohd Azharuddin Mat Sah and CEO of LTA, Chew Men Leong in a joint statement.

The RFI exercise is expected to be concluded by the end of the year.

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