At least RM15bil to be shaved from ECRL


It said this would create a friendly investment and economic environment for all foreign investors including from China.

PETALING JAYA: At least RM15bil will be shaved off from the East Coast Rail Link (ECRL) project from its projected cost of RM55bil for the railway track stretching from Port Klang to Pengkalan Kubor in Kelantan.

Sources said the Council of Eminent Persons (CEP) have heard presentations from top officials of Malaysia Rail Link Sdn Bhd (MRL), the project owner of the ECRL, and some of the consultants involved to ascertain the cost of completing the project and study the various options to terminate the job.

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ECRL , 1MDB , MRL

   

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