The RM21.5 billion savings from the reduced cost of the East Coast Rail Link project is enough to build two more Petronas Twin Towers, said former finance minister Daim Zainuddin.
The Prime Minister's Office had announced earlier today that the ECRL project will resume after the Malaysia Rail Link Sdn Bhd and China Communications Construction Company Ltd signed a supplementary agreement. The ECRL project now has a reduced construction cost of RM44 billion, which is a 32.8 percent reduction from the initial RM65.5 billion cost.today.He declined to reveal more details about the agreement as Prime Minister Dr Mahathir Mohamad will give a press conference on the matter next Monday.His trip is ahead of Mahathir’s visit to China at the end of this month for the Second Belt and Road Initiative Forum.
Former prime minister Najib Abdul Razak had officiated at the ECRL's ground-breaking ceremony in August 2017.Share this story To post or ‘like’ comments on Malaysiakini stories, you will need to sign in with an active paid subscription.
Please ‘think out of the box’. Read carefully. Does this benefit us or business for China? They can use new ports at East Coast to support the controversial island at SCS.
Doesn't it mean Daim is going to build another Twin Towers in Terengganu? No routes get into Terengganu in this new 'East Cost' maybe rails
Bad example.
Orang kampung bolih tipu cakap begin. Kalau berani dedah kontrak asal dan baru untuk pakar pakar rakyat teliti.
Thanks Tun Daim and team, now please ensure proper monitoring and quality control. Also ensure M’sians companies have strong participation in the project. The rolling stock of trains must be M’sian too as we have local players - able and willing.
2 petronas twin towers!!
So, that's the idea right?
There is a property glut . So we don't need that and we don't need ECRL. Your Menara Ilham is not even 60% occupied right ? Use the money build better schools and pay teachers better ... That is the real infrastructure we need
Kena buang Gombak? Bukan ka kelantan atau org melayu ramai di sana? Tak mau ka kita share skit kenaikan harga asset melayu di sana? Cuma pandangan. Tapi gomen lebih tau tu.
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Daim: RM21.5bil savings from ECRL enough to build two Twin TowersBEIJING: The RM21.5bil that Malaysia is saving with the renewed East Coast Rail Link (ECRL) project is enough to build two more Petronas Twin Towers, says Tun Daim Zainuddin. No right price for something not needed at all. ECRL is not feasible and the country have other pressing priorities. Even if it's free, it will burdened taxpayers by billions in yearly operating losses. You think you did us a favour Daim? You screwed us for generations to come One in Taman Duta and the other in Pekan? Congratulations Tun Daim!
Source: staronline - 🏆 4. / 75 Read more »
Daim due in Beijing on Friday (April 12) to wrap up ECRL issueBEIJING: Tun Daim Zainuddin will be here to finalise the East Coast Rail Link (ECRL) project with China, ahead of Tun Dr Mahathir Mohamad's visit to the country. Tapau JL.. Bawak balik malaysia Happy journey! Good luck. Hope you can bring it down to 30 billion.
Source: staronline - 🏆 4. / 75 Read more »
RM21b enough for Quad Towers, Daim says of new ECRL price | Malay MailKUALA LUMPUR, April 12 — Malaysia was saving enough to pay for two more Petronas Twin Towers with the new price for the East Coast Rail Link (ECRL), Tun Daim Zainuddin trumpeted today. The former finance minister who led negotiations with Beijing on the project was touting the scale of the price... What 2 more Twin Towers? Not at 2day's price, u will not.
Source: malaymail - 🏆 1. / 86 Read more »
Daim: Gombak stop erased from ECRL | Malay MailKUALA LUMPUR, April 12 — The Gombak stop has been eliminated from the East Coast Rail Link (ECRL) under the new agreement signed with China, Tun Daim Zainuddin said. According to Berita Harian, the government’s chief negotiator with China said the alignment will now start in Kota Baru in... guanenglim..... Jelebu/Kuala Klawang. Must b some mistake there, is it?
Source: malaymail - 🏆 1. / 86 Read more »
Boleh bina dua KLCC hasil penjimatan kos ECRL - DaimKUALA LUMPUR 12 April - Pengurangan sebanyak RM21.5 bilion daripada kos asal RM65.5 bilion Projek Laluan Kereta Api Pantai Timur (ECRL) boleh digunakan untuk membina dua Menara Berkembar Petronas (KLCC).
Source: UMonline - 🏆 27. / 51 Read more »
Jajaran ECRL diubah ke Jelebu, perhentian di Gombak dibatal, kata DaimDaim Zainuddin berkata, jajaran itu bermula dari Kota Bharu ke Mentakab dan memintas Bentong untuk ke Jelebu dan disambung ke Kuala Klawang, Bangi, Kajang, Putrajaya dan Pelabuhan Klang.
Source: fmtoday - 🏆 5. / 72 Read more »
Daim heads to Beijing tomorrow as special envoy to finalise ECRL talks | Malay MailKUALA LUMPUR, April 11 ― Tun Daim Zainuddin is expected to arrive in Beijing tomorrow to finalise Malaysia’s ongoing negotiations with China to lower the cost of the 688km East Coast Rail Link (ECRL) project. The Star reported today that the former chair of the now defunct quasi-government... Why not Anwar, he is already an MP The best crony for the job
Source: malaymail - 🏆 1. / 86 Read more »
Palm oil to be part of ECRL deal with China | The Malaysian InsightBeijing must also invest more locally, sources tell The Star after Daim Zainuddin-led negotiations. Propping up Felda, so ask Tun faisal to be patient .............. PGeorge9601
Source: msianinsight - 🏆 8. / 63 Read more »
Fate of ECRL to be known todayBEIJING: The fate of the 688km East Coast Rail Link (ECRL) is to be announced today as Tun Daim Zainuddin is here to wrap up discussion on details of the project.
Source: staronline - 🏆 4. / 75 Read more »
Dr Mahathir bidas Najib berhubung kontrak ECRL | The Malaysian InsightPerdana menteri berkata Malaysia tiada kelebihan dalam kontrak yang ditandatangani untuk projek ECRL. Bidas what rubbish you’ve got evidence and U let him roam the streets undermining the government, is this a malay joke 👿
Source: msianinsight - 🏆 8. / 63 Read more »