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Chinese businesses cautious as Mahathir, Beijing move ahead on ECRL

KUALA LUMPUR: Malaysia’s relationship with China is under scrutiny ahead of Prime Minister Mahathir Mohamad’s expected April visit to Beijing. Mainland Chinese businesses in Malaysia, in particular, are hopeful that the 93-year-old leader will be able to smooth ties with

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Chronology of ECRL project

KUALA LUMPUR: The East Coast Rail Link (ECRL) which created a rout over its cost of construction earlier has resumed at a lower cost following the conclusion of a supplementary agreement (SA) between Malaysia Rail Link Sdn Bhd (MRL) and

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Forbes: Renegotiations with China saved Malaysia from debt trap

PUCHONG: Malaysia’s success in renegotiating the East Coast Rail Link (ECRL) project with China is significant as it saves Malaysia from the debt trap that Sri Lanka fell into, Forbes magazine stated. In an opinion piece, economics professor Panos Mourdoukoutas

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RM3.1b advance payment for ECRL refunded by CCCC

KUALA LUMPUR: China Communications Construction Company Ltd (CCCC) has agreed to refund part of the RM3.1 billion advance payment for the East Coast Rail Link (ECRL) Phase 2, Double Tracking and the Northern Extension under the original contract. “RM500 million

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Daim confirms ECRL track undergo changes after cost shaved

PUCHONG: Malaysia’s chief negotiator with China Tun Daim Zainuddin has confirmed that East Coast Rail Link (ECRL) track underwent changes. He told reporters that the first station would no longer be in Gombak. The initial project proposal began in Gombak,

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ECRL gets green light, costs slashed by RM21.5 billion

PUCHONG: The East Coast Rail Link (ECRL) has been given the go ahead following negotiations that led to cost reduction of MR21.5 billion, from RM65.5 billion to to RM44, confirmed the Prime Minister’s Office. “The Malaysia government welcomes the signing

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ECRL poser to be finalised end of this month

RANTAU: The issue over the East Coast Rail Link (ECRL) would be finalised by April 26 as Council of Eminent Persons chairman Tun Daim Zainuddin wraps up negotiations with China. Last night Economic Affairs Minister Datuk Seri Mohamed Azmin Ali

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