China, Malaysia to Resume East Coast Rail for $11 Billion

[beijingwalker]

China, Malaysia to Resume East Coast Rail for $11 Billion

April 12 2019, 2:28 PM (Bloomberg)

-- China has struck a deal with Malaysia to resume the East Coast Rail Link project at a smaller cost and scope.

https://www.bloombergquint.com/glob...sume-malaysian-east-coast-rail-for-11-billion

 

[war&peace]

Wow that's great..nice optimisation from 22 to 11 billion

 

[beijingwalker]

Wow that's great..nice optimisation from 22 to 11 billion

The project will now cost 44 billion ringgit ($10.7 billion) instead of the original 65.5 billion ringgit, according to a Friday statement from the prime minister’s office. Premier Mahathir Mohamad

Not as long and fancy as previous planned, China will provide a budget one accordingly, it's the maintainance and parts after the completion of it pays the most handsome.

 

[war&peace]

Not as long and fancy as previous planned, China will provide a budget one accordingly, it's the maintainance and parts after the completion of it pays the most handsome.

I think, the fastest train was not needed either. There is not that much traffic of people between the two countries so they went for a logical and more realistic option.

 

[SSGcommandoPAK]

Good I hope China Malaysia relations get stronger,that way we can pursue them to purchase thunders.