Daim: RM21.5bil savings from ECRL enough to build two Twin Towers

This comes after Malaysia Rail Link Sdn Bhd and China Communications Construction Company Ltd signed a supplementary agreement that will pave the way for the resumption of the project.

Daim said the new price has been set at RM44bil, a 32.8% reduction from the previous RM66bil price tag.The Special Envoy to the Prime Minister, who was also finance minister from 1984 to 1991, added that the cost was now RM68mil per km, instead of the previous RM98mil per km. He did not reveal more details, saying that Prime Minister Tun Dr Mahathir Mohamad will give a press conference on the issue next Monday .

According to earlier reports, Phase 1 of the 688km rail line will be from Klang Valley to Kuantan, while Phase 2 will cover Kuantan to Kuala Terengganu.Related stories:

Lawak la, ingat power sgt... double track (2 track) jadi 1.... jiran sebelah aku punya nenek pon bole cut cost macam ni.... chedet_cc SyedSaddiq anthonyloke ape daaaa heheeheh

mkula Is always good to hear such kind of saving but is the ECRL a must or a good to have ?

kerryraj Can TMJ do this for the nation or to state? HRHJohorII if yes than we will accept him as a leader

☀️

Tak bagus ni, nanti hilang la CSR donation kpd bossku

Tahniah Tun Daim

At least we reduced the debt by RM21.5bil. Could spend that money for more important things. Bravo Tun Daim.

I agreed and Tun Daim was the right person ,hopefully we'll get what we needed for the future of Malaysia.

Twin towers were build by BN. 😆

It's not saving. It's downgrade

Both are wants not needs. Not needed when the country is 1,000,000,000,000 in debt and openly asked the public to make donation to TabungHarapan. Now this ?

Twin Towers. Full of foreigner workers & shops. Local business can move out lah. No wonder

Off course maa what we call downgrade hahahaha

Tell me e u following the oeiginsl plans?

Hopefully China will surrender jho low.

Well....ur the man but enough with towers and skyscrappers. Love thy earth.

Haha...uncle...twin towers was built way way back then...and the monetary equivelent is no longer the same...BUT....Thanks to you and Azmin...both of you got my respect...no one in Malaysia knows how you both twist arm back from them

Its not savings.Say it for what it is..a reduction in specs, a reduction in scope,realignment that veers from the original purpose of the project.When it’s finished you can’t even board the train from can’t go to Bentong, Kuantan or

Two Twin (=Double) Towers means 4 such towers. It’s all about basic maths.

Kat terengganu takde stations ke ape? Kene naik kota bharu / mentakab ke jugak ke? Wow

hannahyeoh You expect us to be happy when all you did was cut down specs? You must be joking

Kipassss x bertempat

Too bad, need more stations and better route. What a waste....

mkula Kurangkan Stesen... Kecikkan Stesen... Pendekkan Jajaran... Kurangkan Landasan... Kurangkan Gerabak... Pendekkan Tren... Batalkan MRT 3 bagai.... Lepas tu kata dah jimat kos..

In any negotiations, there must be a trade off... nobody wins at the end of day.

mkula rerouting... 18km tunnel via genting scrap thus cost saving

That's only one project.

Main tipu persepsi lagi PH PH teruk perangai kau

Tisu koyak betul lah...dh kurang kan 40 KM kan. Mesti lah kos kurang..

Dah reduce dia punya jarak mmg kos jd kurang. Single track lps tu reduce station kata jimat? Hahahahhahaha

Hahahaha. U cut 40km definitely cost down la bodoh.....😂😂😂😂

Not savings but extensive scale down in project scope. More importantly, ECRL is on which is good 4 Msia.

You think China is stupid? Reducing cost means reduce “infrastructure“ from the original plan.

good news!

So like... FIVE Birkins for Auntie Rosie.

I thought its not needed at all?

TunDaim kalo tagteam dgn TunM memang proven legends!! Otai masih berbisa. Thank you TunDaim !!

With apparent change of RM 12b as cost touted by LGE was RM32b. 👍

Congratulations Tun Daim!

One in Taman Duta and the other in Pekan?

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

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