KUALA LUMPUR (Aug 10): The ground-breaking ceremony of the East Coast Rail Line (ECRL) yesterday failed to lift construction stocks this morning, despite the sector being touted as the biggest beneficiary of the ECRL in the near- to medium-term.
KUALA LUMPUR (Aug 10): Three non-governmental organisations (NGOs) have called for a moratorium on the East Coast Rail Link (ECRL), citing infrastructure debt and environmental considerations as concerns.
Construction sector Maintain overweight: We have identified four mega rail projects that will be rolled out over the next two to three years.
KUALA LUMPUR (May 4): The RM55 billion East Coast Rail Link (ECRL) is expected to help create RM50.
KUALA LUMPUR (March 8): The East Coast Rail Link (ECRL) is capable of boosting gross domestic product (GDP) growth by about 1.
KUALA LUMPUR (Feb 13): Thanks to the RM55 billion East Coast Rail Link (ECRL), the long-forgotten East Coast of Peninsular Malaysia has somewhat come under the limelight again, despite the numerous questions raised about the railway’s price tag and the eventual benefits it could bring to the country.
DESPITE a slow property market, the sector continues to attract investment from China.
KUALA LUMPUR (Nov 17): Lawmaker Rafizi Ramli (pictured) has questioned the financial viability of the RM55 billion East Coast Rail Link (ECRL), citing the under-utilisation of an existing 70km rail track which connects Kertih to Kuantan and Port Kuantan.
Construction sector Maintain overweight: According to a news report, Transport Minister Datuk Seri Liow Tiong Lai has cited a change in alignment, a longer tunnel link and a weak ringgit as the reasons for the cost of the East Coast Rail Link (ECRL) project jumping to RM55 billion from RM29 billion.
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