Malaysia and China to jointly manage ERCL
PUTRAJAYA (April 15): The proposed 640km East Coast Rail Link (ECRL) project will be operated under a joint venture (JV) between Malaysia Rail Link Sdn Bhd and China Communications Construction Co Ltd.
PUTRAJAYA (April 15): The proposed 640km East Coast Rail Link (ECRL) project will be operated under a joint venture (JV) between Malaysia Rail Link Sdn Bhd and China Communications Construction Co Ltd.
KUALA LUMPUR (April 15): Following the revival of the East Coast Rail Link (ECRL) project, it appears the worst is over for Malaysia's construction industry, according to Hong Leong Investment Bank (HLIB) Research.
KUALA LUMPUR (April 15): The speculation of a possible revival of the put-on-hold East Coast Rail Link (ECRL) has been driving construction stocks since the beginning of the year.
PETALING JAYA (April 12): The cost reduction of RM21.
KUALA LUMPUR (April 11): Malaysia is expected to seal an agreement with China to revive the East Coast Rail Link (ECRL) project, according to Sin Chew Daily's website.
KUALA LUMPUR (April 8): Shares of Iskandar Waterfront City Bhd (IWCity) rose as much as 12% in active trades this morning, as positive sentiment over the possible revival of the East Coast Rail Link (ECRL) continues to improve sentiment surrounding mega projects in the country.
KUALA LUMPUR (April 8): The re-negotiation of the East Coast Rail Link (ECRL) may see its construction price pegged at RM50mil-RM60mil per km, and may include a commitment by the Chinese government to buy Malaysian palm oil and bring in projects.
SEREMBAN (April 7): The alignment of the East Coast Rail Link (ECRL) will be rerouted to benefit Negeri Sembilan if it is resumed after negotiations with the Chinese government at the end of this month.
SEREMBAN (April 6): Finance Minister Lim Guan Eng hinted that the East Coast Railway Line (ECRL) may be rerouted to Negri Sembilan during a ceramah for the Rantau State seat by-election yesterday.
KUALA LUMPUR (March 31): Tun Daim Zainuddin has revealed today that it is not true that the government would be satisfied if it can get China to reduce the cost of the East Coast Rail Link (ECRL) mega project by RM10 billion.