4,500 acres of land for China company in new ECRL deal? Not true, says finance minister | Malay Mail

Lim Guan Eng addresses a press conference in Putrajaya April 23, 2019. — Picture by Miera Zulyana

This follows claims by fugitive blogger Raja Petra Kamaruddin alleging that the new ECRL deal negotiated by Malaysia’s special envoy to China, Tun Daim Zainuddin — which will see the project’s price tag reduced to RM44 billion compared to RM65.5 billion — will include a trade off of 4,500 acres of land to be developed by China Communications Construction Company Ltd

“So far I think we have not been informed that additional 4,500 acres of land have been given for free. I don’t think so but if it is paid then that’s a different question, but given for free, definitely not true,” he said to the press after witnessing the signing of an agreement for the Industrial Collaboration Program between the government of Malaysia and Bombardier Hartasuma Consortium at the Ministry of Finance here today.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »