ECRL spending comes under scrutiny


KUALA LUMPUR: The RM55bil East Coast Rail Link (ECRL) project is now under the spotlight with the top brass of Malaysia Rail Link, the company handling the project, been summoned to Putrajaya to explain financial details on the mega railway job to the new administration.

It is learnt that so far that around RM10bil has been drawn down for the project to pay for feasibility study  and set up base camps along the 688-kilometre railway project that is from Gombak to Kuantan and onwards to Kota Baru.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit ends marginally lower on firmer US dollar index
MoF: Govt to establish high-level facilitation platform to oversee potential, approved strategic investments
Meta Bright signs RM24mil leasing contract with Australia company
OCR Group to develop RM313mil residential project in Rawang
Fajarbaru wins RM252mil contract from WCT
Axis-REIT disposes of property in Johor for RM162mil
Data centres make up the bulk of RM144.7bil in approved digital investments
Tengku Zafrul: 2,214 EV Charging stations installed, Miti maintains 10,000 target by 2025
FBM KLCI closes at highest in 2 years
Country Garden allowed to postpone first payments on three onshore bonds

Others Also Read