In what will be the first project of its kind in South East Asia, the governments of Malaysia and Singapore have agreed to collaborate on a high-speed rail project connecting the two nations' capital cities. The bidding process for the rail system's various contracts is expected to attract considerable international interest and will commence in early 2018. This Jones Day White Paper describes the organizational decisions Malaysia and Singapore have made to carry out the project, the public-private procurement structure implemented to divide risks and share anticipated revenues, and the financing models that will capitalize the project.