News about ECRL

PUTRAJAYA (April 15): The operational details, including the ticket prices, for the 640km East Coast Rail Link (ECRL) has yet to be finalised by Malaysia Rail Link Sdn Bhd and China Communications Construction Company Ltd (CCCC).

PUTRAJAYA (April 15): The government is obliged to pay RM21.

PUTRAJAYA (April 15): Prime Minister Tun Dr Mahathir Mohamad today revealed that the original agreement to build East Coast Rail Link (ECRL) did not stipulate the required local contractor participation.

PUTRAJAYA (April 15): Prime Minister Tun Dr Mahathir Mohamad said today China Communications Construction Co Ltd will refund to the Malaysian government within a month RM1 billion, which forms a portion of the RM3.

PUTRAJAYA (April 15): The payment schedule for the East Coast Rail Link (ECRL) will be based on the project's work progress, Prime Minister Tun Dr Mahathir Mohamad says.

PUTRAJAYA (April 15): The Malaysian government is still in negotiations with the Export-Import Bank of China (China Exim Bank) on the new loan to be taken for the planned construction of the 640km East Coast Rail Link (ECRL), according to Prime Minister Tun Dr Mahathir Mohamad.

KUALA LUMPUR (April 15): Steel as well as building materials counters were up on optimism going forward after the government announced last Friday the revival of the East Coast Rail Link (ECRL) project as it slashed the cost by 32.

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.