Tun Daim Zainuddin has expressed confidence that the price tag for the ECRL is highly likely to come down even further. — Picture by Ham Abu Bakar
Earlier this week, Malaysia Rail Link Sdn Bhd and China Communications Construction Company Ltd agreed to form a 50:50 joint-venture company to manage, operate and maintain the ECRL rail network. “So, the RM21.5 billion really is the minimum savings we are accruing by renegotiating the ECRL contract. We hope to be back next week with even more good news for the rakyat,” he said.
The CEP chairman said Malaysia’s success in renegotiating for a supplementary agreement and continuing with the ECRL project also bolstered investor confidence among Chinese companies to come and invest in Malaysia over time to the tune of billions of ringgit. “Since the ECRL will only be completed at the end of 2026, we are confident that the timing will allow other investments to be completed so that there is great vibrancy along the rail line by the time the ECRL is functioning,” he said.
To some who are arguing that the ECRL will end up as a white elephant, with low ridership and cargo loads, Daim said public infrastructure projects have notoriously long gestation periods before they even break even and “we are well aware of that”.
Good luck. Hope there are no major compromise on overall quality.
u can half d cost 4 all ones care, so long d projct is not further down-scaled.
Yes.If u trade by Palm Oil even cheaper.
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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.
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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?
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Terengganu not bypassed, to have six ECRL stations, says Daim | Malay MailKUALA TERENGGANU, April 14 — Six East Coast Rail Link (ECRL) stations will be built in Terengganu, hence proving that the state is not being bypassed in implementing the project as alleged by some quarters. Council of Eminent Persons chairman, Tun Daim Zainuddin said the people of Terengganu... Terengganu nak bagi laluan ke? Terengganu tentu tunggu BN menang baru buat..
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Syed Saddiq: Daim instrumental in saving billions from ECRL | Malay MailKUALA LUMPUR, April 12 — Youth and Sports Minister Syed Saddiq Abdul Rahman today congratulated Tun Daim Zainuddin for striking the deal that saved billions of ringgit from the improved East Coast Rail Link (ECRL) project deal with China. Syed Saddiq on Twitter commended Putrajaya’s move to... Not savings la. It is a major scale down job. SyedSaddiq You don’t need to be a fucking rocket scientist to understand the massive shortages on a “cost-saving” rail project. Really, you should be celebrating your own stupidity, not about that cost saving shit ! SyedSaddiq Good to our finance
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Daim: Pakatan needs another six months to put country back on track | Malay MailKUALA TERENGGANU, April 14 — The Pakatan Harapan (PH) government needs another six months to repair the damage left by the previous government and bring the country back on track after taking over the administration in May last year. Council of Eminent Persons chairman, Tun Daim Zainuddin said... It was never off track in the first place! Isn’t it great to be untouchable, filthy rich, blood brother to a powerful leader, and never really having to be responsible for whatever he said. He’s not the PM , not the DPM , not even a Minister. Great isn’t it. saifuddinabd Lol, whatever happened to 100 days...
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Dr Wan Azizah: ECRL not Rantau by-election sweetener | Malay MailSEREMBAN, April 12 — Datuk Seri Dr Wan Azizah Wan Ismail has pointed out that the East Coast Railway Line (ECRL) project that has been revived is not a bait for the by-election for the Rantau State Constituency. The deputy prime minister said the review of the project including the route... Right, must be a coincidence and that is why there's no station for the ECRL in Rantau as promised earlier. drwanazizah Jangan lupa rantau Ms TPM Voters ought 2 realise d 'lie' spewed by guanenglim & anthonyloke that ERCL cud b rerouted 2 Rantau.
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RM21.5b ECRL cost reduction is proof of govt’s transparency, responsibility, says PM’s polsec | Malay MailSHAH ALAM, April 15 — The people should welcome and give their full support to the government’s efforts in saving RM21.5 billion on the East Coast Rail Link (ECRL) Project. The Prime Minister’s political secretary, Abu Bakar Yahya said the savings was proof that the Federal Government, under... Maybe if you speak to kindergarten students, they might believe you! 😜😜😜😜😜 Rkyat jz want d ECRL 2 proceed & if it makes PH feel real good 2 scale it down 2 a cost it feels nice, by all means do it. Jz do not blindly allege there's hanky-panky in d previous deal, when there is none.
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New ECRL route without Gombak stop defeats its original purpose, says Najib | Malay MailKUALA LUMPUR, April 13 — Former prime minister Datuk Seri Najib Razak today said that the Pakatan Harapan (PH) government’s revised East Coast Rail Link (ECRL) deal had missed its true objectives. Najib, through a Facebook post, mocked the updated ECRL route that now omits the Gombak... apa original purpose bossku NajibRazak... sakau komisen semaksimum yg mungkin? NajibRazak the original plan was to fraudulently siphon $30 billion out to plug the huge fraud caused hole in 1MDB/SRC. Sorry, PH govt upset those crooked plams! Try harder from Bamboo River Resort soon! He thought he is smart but no so. He forgot people can take the MRT to Kajang and Putrajaya to catch the ECRL. Guess this is something he never thought off.
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Equal ECRL joint venture with China not a security threat, MRL tells Najib | Malay MailKUALA LUMPUR, April 17 — Malaysia Rail Link (MRL) Sdn Bhd today rebutted Datuk Seri Najib Razak’s claim that the 50:50 joint venture with China on the East Coast Rail Link (ECRL) could pose a security threat, claiming that the workings of the country’s internal details could be exposed to... What do Sri Langka, Djibouti, Kyrgyzstan, Laos, Maldives, Mongolia, Montenegro, Pakistan & Tajikistan had in common? They too had ceded control of their strategic infrastructures to China. Thus ensuring long term employment for chinese nationals wih mgmt & technical control. Ya la. Back then 100% malaysian, with borrowing from china is selling the country to china, china debt trap. Now, with borrowing from china, 50% malaysian ownership 50% china ownership, suddenly no selling the country to china, no china debt trap.🤦🏻♂️
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Minister hopes ECRL prioritises local goods, more palm oil bought by China in return | Malay MailKUALA LUMPUR, April 12 — Minister Teresa Kok has expressed her hope today that the East Coast Rail Link (ECRL) project will prioritise local resources, after Putrajaya announced earlier today that the project is back on track. In a statement, the primary industries minister said she welcomes the... Is there something more addictive in palm oil that the world is missing? teresakok pakatanharapan_
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ECRL is on: PMO says cost now RM44b, saved RM21.5b | Malay MailKUALA LUMPUR, April 12 ― Malaysia has signed an improved deal with China and will proceed with the East Coast Rail Link (ECRL) project, the Prime Minister’s Office (PMO) announced today. The PMO confirmed the signing of a supplementary agreement (SA) between Malaysia Rail Link Sdn Bhd (MRL) and...
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