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Malaysia's ECRL: A closer look at the US$11.2b railway’s promises of boosting jobs for locals and making money

Summary by Channel News Asia
In the second of a four-part series on the East Coast Rail Link (ECRL), CNA looks at China’s involvement in the megaproject and its ability to spur investments as well as create jobs for locals.

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Malaysia's ECRL: A closer look at the US$11.2b railway’s promises of boosting jobs for locals and making money

In the second of a four-part series on the East Coast Rail Link (ECRL), CNA looks at China’s involvement in the megaproject and its ability to spur investments as well as create jobs for locals.

·Singapore
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PressNewsAgencyPressNewsAgency

Malaysia’s ECRL: A closer look at the US$11.2b railway’s promises of boosting jobs for locals and making money

When then-prime minister Najib Razak announced the East Coast Rail Link (ECRL) project in 2016, he estimated it would cost RM55 billion. The next year, it was revealed that constructing both phases of the ECRL would cost a total of RM65.5 billion. The project was subsequently embroiled in allegations its costs were inflated in return for Chinese state-owned companies undertaking to pay the massive debts of troubled sovereign wealth fund 1Malaysi…

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Channel News Asia broke the news in Singapore on Monday, February 3, 2025.
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