New ECRL deal proves strong, clean leadership plugs leakages, says Azmin
Economics Affairs Minister Mohamed Azmin Ali says the continuation of the ECRL project will raise socioeconomic standards, and increase human and logistical connectivity. – The Malaysian Insight file pic, April 16, 2019.
PUTRAJAYA’S success in renegotiation a cheaper arrangement for the China-backed East Coast Rail Link further proves that Pakatan Harapan’s leadership is able to “defend the welfare of the people” without compromising on the country’s financial health, said Economics Affairs Minister Mohamed Azmin Ali.
Last Friday, Malaysia reached an agreement with Beijing to reduce the construction cost for Phase 1 and 2 of the ECRL to RM44 billion. The new cost is a reduction of RM21.5 billion from the original RM65.5 billion. Effective 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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