Dr Mahathir said RM500 million will be refunded within a week from April 12, 2019 and a further RM500 million within a month from that date for a total of RM1 billion. — Picture by Shafwan Zaidon
The balance will be settled within three months after deductions for verified claims due to abortive works, suspension and cancellation of the northern extension, he told a press conference following the signing of a Supplementary Agreement between CCCC and Malaysia Rail Link Sdn Bhd on April 12. The improved ECRL will cost RM68.7 million per km compared to RM95.5 million per km under the original agreement, said the Prime Minister.
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