News about ECRL

KUALA LUMPUR (Feb 25): With Malaysia’s economic growth seen to moderate going into 2019, coupled with talks of a potential global recession, pump-priming could be one of the ways to support economic growth.

KUALA LUMPUR (Feb 25): The construction sector, the worst-performing sector in 2018 with the Bursa Malaysia Construction Index (KLCON) declining by more than 50% during the year, may now be seeing the light at the end of the tunnel.

KUALA LUMPUR (Feb 22): Shares in Iskandar Waterfront City Bhd (IWCity) continued to rise this morning on the back of talks of possible revival of the East Coast Rail Link (ECRL), which improved sentiment on Malaysia's mega projects currently under scrutiny.

KUALA LUMPUR (Feb 21): Shares of Iskandar Waterfront City Bhd (IWCity) jumped as much as 13 sen or 26.

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.