The revised East Coast Rail Link (ECRL) will see Malaysian contractors having a 40% participation in the RM44bil project, says Tun Dr Mahathir Mohamad.
PUTRAJAYA: Malaysia made significant success in renegotiating the East Coast Rail Link (ECRL) project with China, where apart from bringing down the construction cost, the government has also managed to get partial refund from the advance payment made by the previous administration.
Prime Minister Tun Dr Mahathir Mohamad said China Communications Construction Company Ltd (CCCC) had agreed to refund part of the RM3.1bil advance payment paid for Phase 2, double tracking and the northern extension under the original contract.
