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Malaysia to go ahead with China backed East Coast Rail link but at lesser cost

Infra News - Published on Mon, 15 Apr 2019

Image Source: scmp.com
South China Morning Post reported that Malaysia signed a fresh deal to proceed with the stalled China-backed East Coast Rail Link, after months of false starts and contradictory statements from Prime Minister Mahathir Mohamad’s government on the future of the multibillion-dollar project. The prime minister’s office said constructing the first two phases of the rail link would now cost MYR 44 billion (USD 10.7 billion), down from the original cost of MYR 65.5 billion. The new agreement will pave the way for the resumption of the East Coast Rail Link project.

Rail link’s length would be reduced by 40km to 648km. The cost of building each kilometre of the line would drop to MYR 68 million from MYR 98 million.

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Posted By : Rabi Wangkhem on Mon, 15 Apr 2019
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