Azmin: ECRL project cancelled due to RM500m interest cost | Malay Mail

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Azmin: ECRL project cancelled due to RM500m interest cost

 

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The interest cost on MRT1 line is more than RM1bil and revenue barely hitting RM200mil. Clear deficit. How?

Siapa yg pandai sangat tu yg tandatangan approve projek ni dgn syarat sebegitu Takde otak..

Pm kata dia tak tahu dah cancel. Dia tak tau apa yg berlaku dalam mesyuarat kabinet ke?

Call for open tender invite all country to participate. We can complete in 1/3 awarded to China.AzminAli

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Termination of ECRL due to RM500m annual interest - AzminUPDATED 10.49AM | Economic affairs minister stresses that the cabinet decision on the project is final. Please cancel the ECRL contract on the basis of fraud. Don’t cite anything else.
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Azmin: ECRL project scrapped due to RM500mil annual interestPETALING JAYA: The termination of the East Coast Rail Link (ECRL) project was due to the high annual interest payment that the country would have incurred, says Economic Affairs Minister Datuk Seri Azmin Ali. Yeap, we couldn't afford a RM500mil annual interest but we can afford to kickstart the 3rd national car project This is how 'smart' r the previous Jibby regime on negotiating contacts
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