Look at long-term benefits, say economists of multibillion-ringgit ECRL
ECRL's new deal states there must be 40% participation of local firms for civil works, up from 30% under the previous contract. – The Malaysian Insight file pic, April 21, 2019.
THE revived East Coast Rail Link will see the long-term stimulation of the economy, despite fears its price tag will stretch the government’s balance sheet, said economists. Last week, Putrajaya ended months of uncertainty and speculation when it announced that the China-backed rail project would continue, albeit with aEffective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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