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China, Malaysia restart massive Belt and Road project after hiccups

DUNGUN: China and Malaysia resumed construction on a massive "Belt and Road" train project in northern Malaysia on Thursday, after a year-long suspension and following a rare agreement to cut its cost by nearly a third to about $11 billion.

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Scomi on the fast-track

ON the surface of it, the current state of the Malaysian construction sector looks stagnant and appears to be mired in a lot of waiting and bureaucratic hurdles.

Contractors could secure up to RM11bil in ECRL

PETALING JAYA: Local contractors could secure between RM8.8bil and RM11bil in civil work contracts from the RM44bil East Coast Rail Link (ECRL), which is set to be relaunched at the end of the month.

Double-track rail project to resume

PETALING JAYA: Phase two of the project to rehabilitate the double-track railway lines around the Klang Valley is expected to resume soon at a lower price, with the contract to be re-awarded to the original contractors.

Centre of Excellence for rail sector in the works

KUALA LUMPUR: The Transport Ministry is planning to set up a dedi­cated academy for skills training development for the rail transport industry.

ECRL may be re-launched July 25, says Loke

KUALA LUMPUR: The newly revived East Coast Rail Link (ECRL) project may be celebrated in a re-launch ceremony on July 25, says Transport Minister Anthony Loke.

Trading idea: Marine & General, CMS, Fajarbaru, Handal Resources, Serba Dinamik

KUALA LUMPUR: JF Apex Research expects Marine & General Bhd, Cahya Mata Sarawak Bhd (CMS), Fajarbaru Builder Group Bhd, Handal Resources Bhd and Serba Dinamik Holdings Bhd are among the stocks to watch on Tuesday.

Cement stocks rally on ECRL prospects, Greatech surges on debut

KUALA LUMPUR: Shares of cement players Lafarge Cement and Tasek rallied on Thursday on the East Coast Rail Link (ECRL) projects while Greatech surged on its trading debut on the ACE Market.

Quick take: Lafarge surges to 13 month high of RM4.25

KUALA LUMPUR: Shares of cement maker Lafarge Malaysia Bhd surged to a high of RM4.25, the highest since May last year after AmInvestment Bank has advised minority shareholders to reject YTL Group's takeover offer of RM3.75 a share.

All eyes on ECRL civil works

PETALING JAYA: More than 1,000 firms are vying for a share of the 40% civil works portion of the East Coast Rail Link (ECRL) project.