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New East Coast Rail Link deal eases 'debt trap' concerns for Malaysia, says Mahathir

New East Coast Rail Link deal eases 'debt trap' concerns for Malaysia, says Mahathir

PUTRAJAYA - China has not just reduced the fee for the East Coast Rail Link (ECRL) to RM44 billion, but also agreed to a 50:50 joint-venture to operate the 640-km line across Peninsular Malaysia, reducing Kuala Lumpur's financial risks.

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País: Singapur Medio: The Straits Times Fecha: 15-04-2019