PETALING JAYA: It could be a case of short-term pain for long-term gain if Malaysia decides not to be fully part of China’s Belt and Road Initiative (BRI) by cancelling some of the more controversial China-backed infrastructure projects.
Experts believe that the cancellation of the RM55bil East Coast Rail Link (ECRL) and two gas pipeline projects – the Trans-Sabah Gas pipeline and the Multi-Product Pipeline –could result in lower gross domestic product (GDP) growth and trade and investments.
Already a subscriber? Log in.
Save 30% for ads-free and full access now!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
