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Teng: ECRL halt will not impact China's investment in M'sia

  • Aug 11, 2018
Selangor executive councillor Teng Chang Khim believes that Putrajaya's decision to call off the East Coast Railway Line (ECRL) project would not scare away other China investors. According to Teng, the ECRL halt is an isolated case, and it does not reflect on Malaysia's attitude towards other Chinese investments. He explained that China's investments could be split into two "waves" - the first being infrastructure-related on a government-to-government (G2G) basis, while the second is inve
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Teng: ECRL halt will not impact China's investment in M'sia

  • Aug 10, 2018
Selangor executive councillor Teng Chang Khim believes that Putrajaya's decision to call off the East Coast Railway Line (ECRL) project would not scare away other China investors.According to Teng, the ECRL halt is an isolated case, and it does not reflect on Malaysia's attitude towards other Chinese investments.He explained that China's investments could be split into two "waves" - the first being infrastructure-related on a government-to-government (G2G) basis, while the second is investments
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China delegation in KL to discuss ECRL, pipeline projects – source

  • Jul 28, 2018
A high-level delegation from China is in Malaysia to discuss the East Coast Rail Line (ECRL) project as well as the gas pipeline projects under the Finance Ministry unit Suria Strategic Energy Resources Sdn Bhd (SSER), according to a government source.“I was informed that the talks start today,” the source said.SSER had awarded the two pipeline projects - the Multi-Product Pipeline (MPP) and the Trans-Sabah Gas Pipeline (TSGP) - worth RM9.4 billion to China Petroleum Pipeline Bureau (CPPB).T
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MRL denies ECRL project ongoing despite suspension

  • Jul 9, 2018
Malaysia Rail Link Sdn Bhd (MRL) has reaffirmed that the East Coast Rail Line (ECRL) project is currently suspended and no other works to progress it will take place at this time, in line with the Finance Ministry's suspension order. However, the ECRL project owner said during the suspension period, it and main contractor China Communications Construction Company Ltd (CCCC) would still conduct regular checks on the condition of the sites to ensure the integrity of the existing works and carry
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Guan Eng: ECRL, pipeline projects suspension not targetting China

  • Jul 5, 2018
Finance Minister Lim Guan Eng today said the suspension of the East Coast Rail Link (ECRL), Multi-Product Pipeline (MPP) and Trans-Sabah Gas Pipeline (TSGP) projects was not intended to target China.Lim added that the suspension of all three projects which were being built by China state-owned companies was made on Prime Minister Dr Mahathir Mohamad's instruction."The prime minister, after seeking advice from the attorney-general, has instructed the Finance Ministry to issue a 'suspension notice
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CCCC concerned over fate of 2,250 workers after ECRL suspended

  • Jul 4, 2018
The main contractor of the East Coast Rail Line (ECRL) project is concerned over the fate of its 2,250 local workers after it was ordered to suspend all works on the project.In a statement today, the China Communications Construction Ltd (CCCC) said it might also incur cost overruns and losses due to the suspension order."While the duration of the suspension has not been specified, we are concerned about incurring additional cost, losses and damages arising from the suspension."We are upset and
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ECRL told to suspend all works immediately

  • Jul 4, 2018
The East Coast Rail Link's (ECRL) main contractor, China Communications Construction Ltd (CCCC), has reportedly been told by the project owner to suspend all work effective immediately.This will include all activities under the contract' s engineering, procurement, construction and commissioning areas.The Edge Markets business portal said that it had sighted a letter dated July 3 from ECRL project owner Malaysia Rail Link Sdn Bhd (MRL) to CCCC which cited grounds of national interest as one of t
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Dr M unaware of reports on Vincent Tan's involvement in ECRL

  • Jun 26, 2018
Prime Minister Dr Mahathir Mohamad said he has no knowledge of reports relating to the involvement of tycoon Vincent Tan and T7 Global Bhd in the East Coast Rail Link (ECRL) project.“I don’t know about that. I can’t comment. You should ask Vincent Tan,” he said in a press conference today when asked to comment on whether the government would reconsider continuing the ECRL project because of Tan’s involvement.Mahathir said he was alright with the idea to build the railway but stressed t
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Finance Minister says ECRL to stay, but hopes for lower price tag

  • Jun 23, 2018
Finance Minister Lim Guan Eng says that the government is looking to renegotiate the controversial multi-billion East Coast Railway Line (ECRL) project with China in the hope of trimming costs.In an interview with The Malaysian Insight, Lim stated that the government had little choice but to keep the project – part of China’s ambitious One Belt One Road initiative – as Malaysia had already paid out RM20 billion.“In the ECRL, we have already paid RM20 billion. So it doesn’t really make
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ECRL project owner denies Jho Low-linked deal

  • Jun 10, 2018
Company says that a new article contained "baseless" allegation linking the project to two companies used by Jho Low.The federal government has called for the ECRL project to be reviewed as being unnecessary.PETALING JAYA: The owners of the East Coast Rail Link project have denied a news report linking the project to wanted Penang-born businessman Jho Low, who is sought for investigations into the financial scandal surrounding 1Malaysia Development Berhad.Project owner Malaysia Rail Link Sdn Bhd
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