Malaysia accepts 14% cost increase in China-led rail project, taking longer route

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KUALA LUMPUR: Malaysia said on Monday that it had accepted an increase of nearly 14% in the estimated construction cost for the proposed East Coast Rail Link (ECRL), part of China's Belt and Road Initiative, as the length of the route would be slightly longer.

The Malaysian unit of China Communications Construction Co Ltd, CCC-ECRL, is contracted to build the line.