Daim not sole broker in China renegotiations, ECRL firm clarifies | Malay Mail

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Daim not sole broker in China renegotiations, ECRL firm clarifies

A general view of the construction site of the ECRL project in Bentong. MRL said the savings of the RM21.5 billion for the renegotiated project was not solely due to the element of over 'overpricing', but was a win-win solution between Malaysia and China. — Bernama pic

“The local and international community were very much aware that the ECRL taskforce managed to handle the negotiation process successfully, as the outcome was highlighted in numerous reports in newspapers, news portals and TV stations both in Malaysia and abroad. “MRL would like to stress that Malaysia entered into negotiations with the PRC on a cooperative basis to finds ways and means to reduce the cost of the ECRL without losing the essence of the rail network.

 

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