News about East Coast Rail Link

  KUALA LUMPUR (April 18): Malaysia Rail Link Sdn Bhd (MRL) clarified yesterday that a proposed joint operations agreement between the company and China Communications Construction Company Ltd (CCCC) does not involve ceding any form of ownership of the East Coast Rail Link (ECRL) to its Chinese counterpart.

  KUALA LUMPUR (April 16): The higher allocation of works for local contractors for the East Coast Rail Link (ECRL) project is a positive for the construction sector, says CIMB Investment Bank (CIMB IB).

  KUALA LUMPUR (April 16): Apart from reducing the East Coast Rail Link (ECRL) construction cost by RM21.

  PETALING JAYA (April 12): The cost reduction of RM21.

KUALA LUMPUR (April 8): The re-negotiation of the East Coast Rail Link (ECRL) may see its construction price pegged at RM50mil-RM60mil per km, and may include a commitment by the Chinese government to buy Malaysian palm oil and bring in projects.

  KUALA LUMPUR (March 21): Former Finance Minister Tun Abdul Daim Zainuddin is the best candidate to lead the negotiation on the East Coast Rail Link (ECRL) as it involves a big and sophisticated contract, says Finance Minister Lim Guan Eng.

KUALA LUMPUR (March 20): Prime Minister Tun Dr Mahathir Mohamad told the Parliament today that Opposition Leader Datuk Seri Ismail Sabri Yaakob raised a rhetorical question on the cost of Malaysia's suspended East Coast Rail Link (ECRL) project, because such query should have been posed when the former government under Barisan Nasional (BN) was still formulating the contract.

KLANG (Feb 26): Prime Minister Tun Dr Mahathir Mohamad said yesterday that Malaysia will continue with the East Coast Rail Link (ECRL) project if the price is right.

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.

  PETALING JAYA (Feb 20): Negotiations to restore the stalled multi-billion ringgit East Coast Rail Link (ECRL) infrastructure project are likely in the “last mile”, said Foreign Minister Datuk Saifuddin Abdullah in a Bloomberg report.