ECRL penalty poser, Govt may have to pay fine


The 688 km project, which links Port Klang, Selangor with Pahang, Terengganu and Kelantan, will have 28 stations. It will offer passenger and cargo rail services and is expected to be ready in June 2024

PETALING JAYA: Even if the Government chooses to proceed with the East Coast Rail Link (ECRL) project but seeks to renegotiate the terms of the contract, there could be a hefty penalty involved, said lawyers.

Even if the project is not scrapped, there could be penalty charges as the other party would have incurred mobilisation costs, said senior lawyer Philip Koh.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , ECRL , penalty , fine , government , scrapped , mobilisation , costs ,

Next In Business News

Don’t bend lending rules for power boom
A conflict that’s set to hurt margins
IOI Properties plans REIT listing backed by RM7.58bil assets
Oil set for largest weekly loss in 10 months after ceasefire
ADFIM advises customers to seek DFI support early amid uncertainties
EcoBuilt proposes diversification into property, building materials trading
Infomina secures RM23.5mil IRB contract for data warehouse support
Silver Ridge unit bags RM4.36mil subcontract in Sri Damansara
Ringgit closes higher against major, Asean currencies
UOB Malaysia to support customers amid geopolitical uncertainties

Others Also Read