Economist Yeah Kim Leng says the rail link will help reduce transportation fees for bulk goods, especially palm oil which Putrajaya is heavily marketing.
The ECRL is expected to help bridge the development gap between the east and west coasts of Peninsular Malaysia.
Industries such as construction, which relies on materials such as cement, iron and steel, could also take advantage of this facility, he added. Praising Mida’s plan for a dedicated team, Yeah said the agency could also look into integrating its plans with that of the East Coast Economic Region, an initiative established during Abdullah Ahmad Badawi’s tenure as prime minister.
“With a rail link, they could take advantage of the logistical means and develop hubs with new industry clusters, including tourism, that leverage on the east coast endowments and economic advantages.”Transport expert Rosli Azad Khan agreed, saying Mida should look into linking the east coast with the south, notably the Klang Valley.
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