ECRL discussions ongoing, hope for price reduction
KUALA LUMPUR (Feb 21): Discussions on the East Coast Rail Link (ECRL) project is still ongoing and details will be revealed soon, said Finance Minister Lim Guan Eng.
KUALA LUMPUR (Feb 21): Discussions on the East Coast Rail Link (ECRL) project is still ongoing and details will be revealed soon, said Finance Minister Lim Guan Eng.
A report cites sources as saying that China offered to reduce the East Coast Rail Link (ECRL) project construction costs, as Prime Minister Mahathir Mohamad had, in the past stated that the Malaysian government does not have the funds to pay for the project.
KUALA LUMPUR (Jan 30): Putrajaya’s ties with China will be harmed if the East Coast Rail Link (ECRL) is scrapped, warned MCA president Datuk Seri Wee Ka Siong (pictured).
KUALA LUMPUR (Jan 30): There are many other areas of concern for the government to consider in the East Coast region before deciding whether to build a multi-billion East Coast Rail Link (ECRL), said academic Jomo Kwame Sundaram (pictured).
KUALA LUMPUR (Jan 29): Finance Minister Lim Guan Eng has met with Prime Minister Tun Dr Mahathir this morning and Prime Minister has suggested not to make any statement on the ECRL project status until further notice.
PUTRAJAYA (Jan 29): Prime Minister Tun Dr Mahathir Mohamad has urged the public to be patient with the government’s decision over the fate of the RM81 billion East Coast Rail Link (ECRL) project, and wait for the official statement from Finance Minister Lim Guan Eng.
KUALA LUMPUR (Jan 28): With slowing economic growth and mounting concern over RM1 trillion worth of public debts, conflicting statements over the weekend from two top Malaysian ministers over the fate of the RM81 billion East Coast Rail Link (ECRL) project have, worryingly, highlighted that there could be too many cooks in the proverbial kitchen of Malaysia’s financial and economic affairs.
KUALA LUMPUR (Jan 26): In light of the “not being on the same wavelength” saga between Economic Affairs Minister Datuk Seri Azmin Ali and Finance Minister Lim Guan Eng over the status of the East Coast Rail Link (ECRL), former big wigs in the government are taking the opportunity to make some jokes at the expense of the two.
KUALA LUMPUR (Jan 26): Finance Minister Lim Guan Eng was shocked by Economic Affairs Minister Datuk Seri Mohamed Azmin Ali’s announcement about the scrapping of the East Coast Rail Link (ECRL) project, reported The New Straits Times (NST) today.
PUTRAJAYA (Jan 25): The cabinet has decided to terminate China contractor China Communications Construction Co Ltd’s (CCCC) contract to build the RM81 billion East Coast Rail Link (ECRL) project, according to Sin Chew Daily in its evening edition yesterday.