Minister hopes ECRL prioritises local goods, more palm oil bought by China in return | Malay Mail

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Minister hopes ECRL prioritises local goods, more palm oil bought by China in return

In a statement, Kok said she welcomes the resumption of the project between Malaysia Rail Link Sdn Bhd and China Communications Construction Company Ltd . — Picture by Mukhriz Hazim

In a statement, the primary industries minister said she welcomes the resumption of the project between Malaysia Rail Link Sdn Bhd and China Communications Construction Company Ltd .“A lot of materials made from Malaysian rubber can be used in the construction of the rail track as well as for seismic bearing, while Malaysian timber is suitable as rail sleepers.”

“China has always been an important trade partner for Malaysia. It is also our third largest export market for palm oil.The Prime Minister’s Office announced today that the construction cost for Phases 1 and 2 of the ECRL has now been reduced to RM44 billion, a reduction of RM21.5 billion, from its original cost of RM65.5 billion.

Prime Minister Tun Dr Mahathir Mohamad is expected to attend the second Belt and Road Forum in the Chinese capital, which starts on April 26.

 

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