Gabungan AQRS says ECRL, Pan Borneo doesn't affect order book
KUALA LUMPUR (May 14): Gabungan AQRS Bhd, which saw its shares plummet 30% to RM1.
Review of megaprojects may be 'blessing in disguise'
KUALA LUMPUR (May 14): While markets are nervous that the new ruling coalition Pakatan Harapan’s pledge to review megaprojects may negatively impact the construction sector, some see the plan as a chance for greater inclusion of local players.
ECRL, HSR will not destroy local airlines
KUALA LUMPUR (April 24): Mega rail projects in the country is not a threat to the local airline sector.
Tax relief granted to mega public projects since 1980s
KUALA LUMPUR (April 20): Various tax reliefs have been commonly accorded to mega public infrastructure developments as a government incentive since the 1980s, the Royal Malaysian Customs Department asserted yesterday, following the brouhaha over the granting of goods and services tax (GST) relief for the procurement of materials and services related to the RM55 billion East Coast Rail Link (ECRL) project.
ECRL to improve household income in east coast, says MIDF Research
KUALA LUMPUR (April 18): The RM55 billion East Coast Railway Link (ECRL) project can improve household income and youth unemployment for the people of the east coast, said MIDF Amanah Investment bank Bhd Research.
Malaysia confirms GST relief for Chinese firm behind ECRL
KUALA LUMPUR (April 17): The Royal Malaysian Customs Department confirmed granting China Communications Construction Sdn Bhd goods and services tax (GST) relief under Malaysia's East Coast Rail Link (ECRL) project.
News flow on project awards seen to support construction sector
Construction sector Maintain overweight: The project delivery partner (PDP) contract for the high-speed rail (HSR) Malaysian infrastructure works was split between the YTL Corp-TH Properties and MRCB-Gamuda consortiums.
Construction of ECRL slightly ahead of schedule
KUALA LUMPUR (April 12): The construction of the high-impact East Coast Rail Link (ECRL) in Kelantan is progressing slightly ahead of schedule according to Malaysia Rail Link Sdn Bhd (MRL), which is optimistic about the economic spin-offs the connection will bring to the region.
East-coast’s GDP expected to rise 1.5% with ECRL
KUALA LUMPUR (April 11): The construction of the high-impact East Coast Rail Link (ECRL) in Kelantan is progressing slightly ahead of schedule, according to Malaysia Rail Link Sdn Bhd (MRL) which is optimistic of the economic spin-offs that the connection will bring to the region.
ECRL proves govt's determination to make changes in East Coast
PETALING JAYA (April 11): Prime Minister Datuk Seri Najib Tun Razak (pictured) said the East Coast Railway Line (ECRL) demonstrates the government determination to introduce major changes in Kelantan and the east coast states of Peninsular Malaysia.
