News about ECRL

Gamuda Bhd (Aug 2, RM5.

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.

KUALA LUMPUR (Nov 17): Auditor-General Tan Sri Ambrin Buang (pictured) said his department and the Malaysian Anti-Corruption Commission (MACC) have yet to receive any instruction to be part of the executive committee for the RM55 billion East Coast Rail Link (ECRL) project.

KUALA LUMPUR (Nov 16): The DAP’s Tony Pua (pictured) said that Transport Minister Datuk Seri Liow Tiong Lai’s attempts to justify the increase in price from RM29 billion to RM55 billion for the proposed East Coast Rail Link (ECRL) raises many more questions than answers.