China’s largest port construction firm to venture into property development in Malaysia
DESPITE a slow property market, the sector continues to attract investment from China.
Rafizi questions financial viability of ECRL
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.
ECRL shaping up to be big theme for 2017
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.
No order yet for us to be involved in ECRL, says auditor-general
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.
Liow’s justification of ECRL cost raises more questions than answers, says Pua
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.
Liow explains big jump in ECRL’s estimated cost
KUALA LUMPUR (Nov 15): Transport Minister Datuk Seri Liow Tiong Lai (pictured) has cited a change in alignment, a longer tunnel link and the weak ringgit as the reasons for the cost of for the East Coast Rail Link (ECRL) project jumping to RM55 billion from RM29 billion as estimated by a consulting engineering firm previously.
Liow’s response to ECRL price critics prove he is clueless, says DAP’s Pua
KUALA LUMPUR (Nov 10): The DAP’s Tony Pua (pictured) said Transport Minister Datuk Seri Liow Tiong Lai’s response to East Coast Rail Line (ECRL) pricing criticisms proved that he is the most clueless Transport Minister.
ECRL not world’s costliest rail project
KUALA LUMPUR (Nov 9): The government yesterday denied claims that the RM55 billion East Coast Rail Link (ECRL) project could be the world’s costliest rail project.
Economists take positive view on ECRL’s long-term prospects
KUALA LUMPUR (Nov 8): Despite a controversial price tag, the East Coast Rail Link (ECRL) has earned some positive compliments from the analyst community for its potential to improve connectivity, which could spur more economic activity along the east coast.
