ECRL is up and running again
It is confirmed – Malaysia has managed to bring down the construction cost of the East Coast Rail Link (ECRL) project by RM21.5bil, which is almost a third of the original cost.
The new price is set at RM44bil now, down 32.8% from the previous RM66bil.
Tun Daim Zainuddin, who led the negotiations with China, said the latest cost estimate was far more manageable for the government.
“It will also require a smaller loan from Exim Bank, which will further reduce the interest to be paid,” he told Malaysian journalists at the Malaysian Embassy here yesterday.
Earlier yesterday, Malaysia Rail Link Sdn Bhd and China Communications Construction Company Ltd signed a supplementary agreement to pave the way for the resumption of the suspended project.
The agreement also saw slight changes to the route from Kota Baru in Kelantan to Port Klang in Selangor, with the length cut by 40km to 648km.
“It will still be double-tracking,” said Daim, who is the Special Envoy of the Prime Minister.
The realigned route will see the rail track diverted to Negri Sembilan from Mentakab in Pahang, bypassing Bentong in Pahang and Gombak in Selangor as planned earlier.
“It will start in Kota Baru, then to Mentakab, Jelebu and Kuala Klawang in Negri Sembilan, continue on to Bangi, Kajang, Putrajaya and end in Port Klang,” he said, without elaborating on the changes.
He said construction would commerce as soon as possible with the new date of completion reset to 2026, a two-year delay from the project planned originally.
Daim, who is also chairman of the Council of Eminent Persons, added that it had been agreed that 40% of the sub-contractors for the project would be Malaysians.
Negotiations on the loan and interest rate were still ongoing, he said.
“Now that the cost is lower, the loan will also be lower,” he said.
Daim declined to reveal more details, saying that Prime Minister Tun Dr Mahathir Mohamad will address a press conference on the ECRL on Monday.
China’s Foreign Affairs Ministry spokesman Lu Kang said his government was glad to see the issue being settled through friendly negotiation.
He said China and Malaysia were good neighbours and partners, which viewed each other’s friendship with importance.
Lu Kang said China hoped to see the project recommence soon.
In Putrajaya, the Prime Minister’s Office (PMO) confirmed the latest details involving the ECRL.
“The signing was achieved after months of negotiations between the companies involved as well as the governments of Malaysia and China.
“This reduction (in cost) will surely benefit Malaysia and lighten the burden of the country’s financial position,” it said in a statement yesterday.
The PMO said the supplementary agreement covered the engineering, procurement, construction and commissioning aspects of the ECRL.
It confirmed that Dr Mahathir would address the media at 11am on Monday.
The original 688km ECRL proposal comprised Phase 1, stretching from the Klang Valley to Kuantan.
Phase 2 is from Kuantan to Kuala Terengganu and Phase 3 connecting Kuala Terengganu to Kota Baru and Tumpat.
The Pakatan Harapan government suspended the ECRL project after winning the general election last year.
~News courtesy of The Star~
彭州大臣宣布刁曼岛获准建新机场 马来西亚彭亨州务大臣旺罗斯迪宣布，中央政府已批准在著名海岛刁曼岛建设新机场的计划。 他昨天在彭州政府官方面簿发表声明指出，中央政府与彭州政府经过数年讨论，终于达成协议，决定落实有关计划。 他说：“根据公共工程部的建议，刁曼岛机场将建...
乌打 乌打（也称乌达，马来文:Otak-otak），是一种以鱼肉泥与各种香料混合，放进香蕉叶或亚答叶包裹拿去炊蒸或烘烤的食品，在东南亚一带非常常见，也是马来西亚柔佛州麻坡（Muar）的代表性美食。 Otak在马来文意指“脑”，在印尼一带的乌达多以灰白色为主，看起来像...
肉骨茶（闽南语：Bak kut teh）为正统发音，创始于马来西亚巴生，之后流行于新加坡一带，也广传于中国大陆、台湾、海外华人地区等，但马来西亚的是最正宗。 简介 “肉骨”如其名，是以带肉的骨配合中药煲成的汤。而“茶”字则是源自创始人的名字“李文地”，因为卖肉骨汤而被顾客...
近百年庙宇艺术气息浓‧文德甲天后宫变景点 农历新年想出外旅行游玩，但又担心挤在人群中，塞在车龙？不想出远门和塞在车龙中的淡属市民，可以趁着春节假期到淡属海南会馆天后宫参观和膜拜。 文德甲天后宫张灯结彩迎新春。（图：星洲日报） 文德甲天后宫坐落文德甲花园，兴建於19...