Report launched: Ong (second from right) with (from left) World Bank Group lead economist for Malaysia Dr Richard Record, country manager Dr Firas Raad and lead economist Dr Michele Ruta at the local launch of the Belt and Road Economics: Opportunities and Risks of Transport Corridors report.
KUALA LUMPUR: The government is looking forward to the increased economic activities that can be generated from the East Coast Rail Link (ECRL), instead of reviewing the cost of the project, which has already been renegotiated, said Deputy International Trade and Industry Minister Dr Ong Kian Ming.
“I think what is important is for us to focus on how we properly implement the memorandum of agreement (MoA) between Malaysian Investment Development Authority and Chinese contractor China Communications Construction Co, in the different details that have been spelt out in the agreement.
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