high speed rail connecting Kuala Lumpur to Singapore

State-owned China General Nuclear Power Corp bought 1MDB’s power assets for US$2.3 billion, while the Malaysian fund sold a 60 per cent stake in a property project in Kuala Lumpur to China Railway Engineering Corp and a local partner. The real estate project will host terminals for a planned high speed rail connecting Kuala Lumpur to Singapore, which Chinese companies have expressed interest in building.

http://www.straitstimes.com/asia/se-asia/malaysia-awards-new-east-coast-rail-link-project-to-china-company

55 billion ringgit East Coast Railway Line (ECRL) project

55 billion ringgit East Coast Railway Line (ECRL) project

The East Coast Rail Link (ECRL) is a long-planned project that was put under the 11th Malaysian plan which will link Kuala Lumpur and three east coast states in Peninsular Malaysia. It is 620km long involve a “significant amount of underground tunnelling”. The East Coast Economic Region Development Council has established that a rail route connecting the major ports, business centres and towns in Pahang, Terengganu and Kelantan was vital to achieve growth in the region.

It is expected to take 15 to 20 years to develop as it will involve a lot of underground work and building tunnels across Banjaran Titiwangsa. 

Chinese companies will finance and build a 620-kilometre rail line spanning the east coast of peninsular Malaysia with construction set to begin as early as next year, the New Straits Times reported.

The construction contract will be awarded to China Communications Construction Co, while a financing agreement will be signed with Export-Import Bank of China

Malaysia expects a competitive interest rate with a repayment period of 20 years.

The east coast rail line will connect eastern cities and towns with the nation’s capital. The government hopes to complete the east coast rail deal before the year’s end and for construction to start in early 2017

http://www.straitstimes.com/asia/se-asia/malaysia-awards-new-east-coast-rail-link-project-to-china-company

华人世界 [华人世界]华人故事：坚定人生 陈凯希

华人世界 [华人世界]华人故事：狮子王的传奇人生

20140213 《华人世界》 华人故事：方天兴的跨界人生