06-18-2024, 09:45 AM
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KUALA LAMPUR:Malaysia's economics minister said on Saturday the country will cancel its $20 billion East Coast Rail Link (ECRL) project with contractor China Communications Construction Co Ltd (CCCC).Mohamed Azmin Ali said, at a media event nike air force 1 hombre , that the project's cost was too great, while also giving an assurance that Malaysia would welcome investment from China on a case by case basis. The cabinet has made this decision because the cost to develo jordan low p the ECRL is too big and we do air force 1 homme n't have (the) financial capacity, said Azmin.The government was still determining how much to pay CCCC for the project cancellation fee, he said.Pakistan-China relations: Chinese envoy calls for countering propagandaThe interest on the project alone amounted to half a billion ringgit ($120 million) a year. We cannot afford to bear this, so this project needs to be terminated without affecting our good relationship with China. Malaysian Prime Minister Mahathir Mohamad said last August that the rail project would be Qbsw Quetta commissioner calls for educating women children in jails
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KUALA LAMPUR:Malaysia's economics minister said on Saturday the country will cancel its $20 billion East Coast Rail Link (ECRL) project with contractor China Communications Construction Co Ltd (CCCC).Mohamed Azmin Ali said, at a media event nike air force 1 hombre , that the project's cost was too great, while also giving an assurance that Malaysia would welcome investment from China on a case by case basis. The cabinet has made this decision because the cost to develo jordan low p the ECRL is too big and we do air force 1 homme n't have (the) financial capacity, said Azmin.The government was still determining how much to pay CCCC for the project cancellation fee, he said.Pakistan-China relations: Chinese envoy calls for countering propagandaThe interest on the project alone amounted to half a billion ringgit ($120 million) a year. We cannot afford to bear this, so this project needs to be terminated without affecting our good relationship with China. Malaysian Prime Minister Mahathir Mohamad said last August that the rail project would be Qbsw Quetta commissioner calls for educating women children in jails
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