News about rail

RAWANG (April 4): A years-long dispute between Prasarana Malaysia Bhd and Scomi Engineering Bhd has come to an end with the signing of a new contract worth RM303 million between the two parties today.

  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 21): Prestar Resources Bhd is eyeing highway and associated road projects to deal with the margin squeeze it is currently facing, and the future earnings dilution from the proposed listing of its flat steel manufacturing unit Tashin Holdings Bhd.

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 22): WCT Holdings Bhd announced that its wholly-owned subsidiary WCT Bhd had today executed three novation agreements with Prasarana Malaysia Bhd and MRCB George Kent Sdn Bhd with regards to the proposed Light Rail Transit 3 (LRT 3) projects secured by WCT Bhd.

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.

KUALA LUMPUR (Feb 13): Both the Malaysian and Chinese governments' handling of sensitive issues surrounding the proposed RM81 billion East Coast Rail Link (ECRL) project, which is a matter of great concern to many parties, should be kept to a low profile, said the Malaysia-China Chamber of Commerce (MCCC) today.

PUTRAJAYA (Feb 2): Prime Minister Tun Dr Mahathir Mohamad reiterated today that negotiations on the fate of the East Coast Rail Link (ECRL) project are ongoing.