A general view of the construction site of the East Coast Rail Link project in Bentong July 10, 2018. — Bernama pic
The Malaysian ECRL project owner, which will form a 50-50 joint venture with CCCC to operate the ECRL, cited Section 40 of the National Land Code that any rock minerals belonged to the state where they were found. MRL, a subsidiary of Minister of Finance Incorporated , also reiterated that it would have full ownership of assets in its joint venture with CCCC and that the joint venture’s board and CEO would be appointed by the Malaysian government.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China involvement in ECRL management threat to national security, | The Malaysian InsightIt is a mistake to allow the rail line to be managed by a China-Malaysia joint venture company, says former PM.
Source: msianinsight - 🏆 8. / 63 Read more »
Expect influx of investment with ECRL revived, says China AmbassadorKUALA LUMPUR: Malaysia can expect an influx of investment from China now that the new deal on the East Coast Rail Link has been signed and the project will resume next month, says China's Ambassador to Malaysia Bai Tian. The second wave The second wave. Wars no longer fought with military might but with economic conquest
Source: staronline - 🏆 4. / 75 Read more »
Guan Eng: No ground given to China in ECRL dealPUTRAJAYA: Finance Minister Lim Guan Eng says that he is unaware of claims that substantial acreage of land was 'given' to China under the renegotiated East Coast Railway Link deal. Pls shut up about ECRL. Manage ur finances & party. Let the experts do their job. You are in no position to talk abt it.
Source: staronline - 🏆 4. / 75 Read more »