Final cost for ECRL could be more than RM80b, says Guan Eng
- 6 years ago
Finance Minister Lim Guan Eng said that the final cost for the East Coast Rail Link (ECRL) project could be more than RM80 billion, RM69.83 billion was for the cost for development and RM11.09 billion for financing.
He said the project had been suspended and renegotiations are ongoing with China Communications Construction Company (CCCC) to try to reduce the burden of debt.
He said the project had been suspended and renegotiations are ongoing with China Communications Construction Company (CCCC) to try to reduce the burden of debt.