Many projects bankrolled by China are not economically viable, says an American academic. – The Malaysian Insight file pic, April 14, 2019.
PUTRAJAYA’S success in getting China to renegotiate the East Coast Rail Link is a big win for Dr Mahathir Mohamad, said a New York-based academic today. , professor and chair of the Department of Economics at LIU Post in New York, Panos Mourdoukoutas said Dr Mahathir made good on his election campaign promise to re-negotiate China’s investments in Malaysia.Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
yeobeeyin Makan kuat PH,Reduce scope
ugh. malaysia will be sold to china for sure.
More like eating humble pie since d claimed 'over-bloated' costs & lopsided deal against Msia is not n issue at all.
Not really. It is still costly and a loss-making venture for centuries to come. Would the people be taxed further later?
saifuddinabd Big win? But a lost to a nation
Yeah.... RM 8 B?
saifuddinabd YB, the question you have to ask yourself is 'will this bring in votes' for pakatanharapan_ ? What is the point of 'big win' for the 'politician'?
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Selepas ECRL lulus, menteri harap Dr M suarakan isu eksport sawit di ChinaKok berharap China akan membuat lebih banyak komitmen membeli komoditi Malaysia susulan penyambungan ECRL.
Source: fmtoday - 🏆 5. / 72 Read more »
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.
Source: malaymail - 🏆 1. / 86 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 »
ECRL contract in line with PWD standards, Najib tells Dr MEx-PM challenges Putrajaya to reveal the document if the reverse is true. Who wants to believe a thief? You know nothing about PWD standard. Your stupid advisor is another bangang like you. You going to bring meter gauge which is outdated . And you people claim for logistic line then why not wide gauge or broad gauge At least standard gauge for passenger line. NajibRazak hehehe no wonder why so many design & build project having a lot of problems, especially railway project, (dengar gov rugi bnyk..)
Source: malaysiakini - 🏆 20. / 51 Read more »
Loke: Talks on ECRL will conclude before Dr M goes to ChinaSEREMBAN: The negotiation of the East Coast Rail Link (ECRL) project will be concluded before Tun Dr Mahathir Mohamad heads to China’s Belt and Road summit from April 24 to 28, says Transport Minister Anthony Loke.
Source: staronline - 🏆 4. / 75 Read more »
New deal sees ECRL to resume at RM44 billion, says PMO | The Malaysian InsightProject cost has reduced from RM65.5 billion after negotiations with China.
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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.
Source: malaymail - 🏆 1. / 86 Read more »
ECRL project resumes with new stops, slightly shorter route | The Malaysian InsightThe train will now stop in Jelebu and Kuala Kelawang, while a main stopover in Gombak has been scrapped, says special envoy Daim Zainuddin.
Source: msianinsight - 🏆 8. / 63 Read more »
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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