The renegotiated ECRL project sees savings of RM21.5 billion and a new alignment. – The Malaysian Insight file pic, May 9, 2019.
NEITHER Malaysia Rail Link Sdn Bhd nor Putrajaya has claimed the RM21.5 billion savings in the renegotiated East Coast Rail Link are solely from overpricing in the original deal. MRL said this was not the foundation of talks with Beijing, and Malaysia entered the discussions on the basis of cooperation to find ways to reduce the project’s cost “without losing the essence” of the rail link.
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