PETALING JAYA: The government has sent a strong signal to China Communications Construction Company Ltd (CCCC) on the need to bring down the cost of the East Coast Rail Link (ECRL) drastically if it wants to continue with the project.
The cost of the project, including land acquisition and financing, is now tagged at RM80.92bil. That price is 47% higher than the RM55bil project cost that was announced during the launch of the project by the previous government in March last year.
