Major push to renegotiate deal


Hoping for a better deal: The Government hopes to cut the cost of the ECRL project.

THE closure of the East Coast Rail Link (ECRL) construction was sudden but a source from the Malaysia Rail Link Sdn Bhd (MRL) has disclosed that Finance Minister Lim Guan Eng will visit China at the end of this month to renegotiate the cost of the project with China Communications Construction Co Ltd (CCCC). And if the renegotiations go well, it can be resumed within two to three months.

The Finance Ministry issued a suspension notice through MoF Inc for all contracts related to East Coast Rail Link (ECRL) projects on Tuesday, after receiving instructions from Prime Minister Tun Dr Mahathir Mohamad.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Politics , ECRL

Next In Nation

Jealousy motive behind murder of woman found dismembered in Sabah, say cops
Stay safe this festive season by looking out for TB symptoms
E-waste seized in Port Klang
MACC stands firm against Bloomberg report
Over 8,000 hate posts taken down
Bullying, food aid key focus
Scans cause massive congestion
Negri Ponggal Fest wins crowds with its grand affair
Lowering the high-tech wall
Hamzah no-show at party hearing

Others Also Read