Malaysia to continue with East Coast Rail Link project at lower than original cost: PM Anwar

KUALA LUMPUR: The East Coastline Rail Link (ECRL) project will continue under the current management, Prime Minister Anwar Ibrahim said, although it will cost the government RM11. 01 billion (US$2. 48 billion) lower than originally expected.

In a push conference following a Cupboard meeting on Wednesday (Dec 21), Mister Anwar said that the government will continue with all the megaproject as it is “tied down to old agreements”.

“Although there are additional costs due to realignments, if we were to look at the overall cost of the ECRL, it is RM11. 01 billion dollars less as compared to the original cost of RM85. ninety-seven billion in 2016, ” said Mr Anwar.

This individual added that the choice was made to keep on with the project, but stressed that there will no longer be major adjustments to it that may postpone the implementation procedure and complicate existing work and discussions.

The rail network will navigate through four declares – Kelantan, Terengganu, Pahang and Selangor.