Sources say MRL would not have signed ECRL contract given a choice


MALAYSIA Rail Link Sdn Bhd (MRL) would not have signed the East Coast Rail Link (ECRL) project contract if given a choice in the first place, according to sources.

A source says that MRL representatives revealed this to the Council of Eminent Persons (CEP), who noted that the contract was heavily skewed against Malaysia’s favour.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , ECRL , Malaysia Rail Link , MRL , railway , China , contract

   

Next In Business News

7-Eleven’s quarterly revenue climbs
MSM Malaysia cautious on widening loss
Positive 3Q24 for Dayang on higher utilisation, forex gains
Petra Energy registers positive 3Q24
Fajarbaru 1Q25 earnings up three-fold
US weekly jobless claims unexpectedly fall
Thong Guan Industries to sell unit in related party transaction
7-Eleven Malaysia sees stronger 4Q ahead
Bitcoin marches towards US$100,000 on optimism over Trump crypto plans
Sunway Construction’s net profit rises to RM46.47mil in 3Q24

Others Also Read