save malaysia!
ECRL to go ahead as costs reduced by RM21.5b to RM44b
savemalaysia
Publish date: Fri, 12 Apr 2019, 03:04 PM
KUALA LUMPUR: The East Coast Rail Link (ECRL) project will go ahead as the cost has been reduced significantly by RM21.50bil to RM44bil.
Below is the statement issued by the Prime Minister's Office on the improved deal on Friday:
"The Government of Malaysia welcomes the signing of a Supplementary Agreement (SA) between Malaysia Rail Link Sdn Bhd (MRL) and the China Communications Construction Company Ltd (CCCC), which will pave the way for the resumption of the East Coast Rail Link (ECRL) project.
The SA, which covers the Engineering, Procurement, Construction & Commissioning (EPCC) aspects of the ECRL, was achieved after months of negotiations between the companies involved as well as the Governments of Malaysia and the Republic of China.
This reduction will surely benefit Malaysia and lighten the burden on the country’s financial position.
Further details of the improved deal will be provided during Monday’s press conference."
Read more at https://www.thestar.com.my/business/business-news/2019/04/12/ecrl-to-go-ahead-as-costs-reduced-by-rm2pt5b-to-rm44b/
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Discussions
1 person likes this. Showing 15 of 15 comments
lots of jibby cronies are in trouble now....buying land that are worthless now....
2019-04-12 15:29
what they can do is perhaps plant durians as consolation prize....thanks to wee.k.s.
2019-04-12 15:30
It's sounds like a big savings until you realize all they did was remove double tracking to single track.
Then everybody happy happy joy joy.
2019-04-12 16:10
y ( BNF trader losses ) Philip > Apr 12, 2019 4:10 PM | Report Abuse
It's sounds like a big savings until you realize all they did was remove double tracking to single track.
Then everybody happy happy joy joy.
=========
haha
2019-04-12 16:11
If u cannot afford a Benz then a myv will do loh.....!!
Posted by ( BNF trader losses ) Philip > Apr 12, 2019 4:10 PM | Report Abuse
It's sounds like a big savings until you realize all they did was remove double tracking to single track.
Then everybody happy happy joy joy.
2019-04-12 16:13
I notice Bijan cronies not as greedy as Tun M cronies
Bijan cronies still can survive without support. Tun M cronies can barely survive without govt subsidies and need bailout when business fail. Lol.
2019-04-12 16:13
good lar.. another fortune redistribution is done...
hang in there people... the end of tunnel is near...
we will see bright again... soon...
what is next? you bet is as good as mine... lol
p.s Presbhd people... not you... not yet... lol
pls kasih jalan for bandar msia, hsr and myeg...
2019-04-12 16:30
this is a white elephant projek yes cheaper but Malaysian will pay about RM 1 billion in mainteinance depreciation n rumning cost. Privarise to PAS and Trengganu state is the best alternative.Let them enjoy their Master pet project.
2019-04-12 17:42
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that's a huge success...Malaysia baru boleh
2019-04-12 15:27