Azmin: ECRL project scrapped due to RM500mil annual interest


  • Nation
  • Saturday, 26 Jan 2019

PETALING JAYA: The termination of the East Coast Rail Link (ECRL) project was due to the high annual interest payment that the country would have incurred, says Economic Affairs Minister Datuk Seri Azmin Ali.

He said the Cabinet decided to cancel the project as the country could not afford the RM500mil annual interest on the project.

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