ECRL will bleed for years but we were stuck with it, Daim says | Malay Mail

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ECRL will bleed for years but we were stuck with it, Daim says

Tun Daim Zainuddin pointed out that former prime minister Datuk Seri Najib Razak’s administration signed the initial agreement with China that obligated Malaysia to proceed with the project regardless of who was running the federal government. — Picture by Yusof Mat Isa

“There is a binding agreement it may be one-sided, but it is equally binding [on Malaysia]. You can’t blame the Chinese. If you are silly enough to sign the agreement, then it’s your problem,” he told the SCMP in allusion to the Najib administration. Daim challenged critics of the “enhanced deal” to submit their proposals for how Malaysia could avoid proceeding with the project without paying billions in penalties.

 

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Depends on who is managing.

May this white elephant turned normal— coloured and serve the people in the future.Without industrial hubs along its route, looks bleak on ROI (return on investment) Can comatose white go operative black?

How about the Penang Tunnel. So expensive and dangerous maa. Wont bleed ah De Facto DPM ?

chedetofficial already called it off... with the advice of the CEP council and ministers. But you 'somehow someway' convinced him to proceed ... was chedetofficial told everything by you ? AzminAli guanenglim

chedetofficial already called it off... with the advice of the CEP council. But you somehow someway convinced him to proceed ... was chedetofficial told everything by you ? AzminAli guanenglim

You are full of BS Daim and kept things from chedetofficial When Gemas-JB is $46m/km vs ECRL $69m/km. $23m/km extra for 650km is RM15bil. When questioned on the Rm500 ticket price you quickly changed tone ... It's a 44bil HIGHSPEED CARGO train now.

guanenglim and AzminAli are you gonna sit idle and let Daim continue with his lies to save his own skin now ?

Show the rakyat the new agreement and why was it rerouted? On what basis the new route was chosen? Passing anybody land bank?

Its inevitable. However, the hope of opening up other development along the rail line wld help to mediate losses. Spin off industries & development cld happen. But it may required external investors to make it happen.

It won't bleed for years...it will bleed forever and we'll be stuck with it and eventually become a white elephant...and our ministers and advisors should take a look at what happened to Sri Lanka's mega projects

Most fucked up admission by Diam2 chedetofficial guanenglim tonypua prepared to lose (I've been saying it since 2016) $billions more in ECRL contract 2 save CCC China's face. Why honour fraudulent contract? Why not substitute other viable projects? Stupid beyond belief!😣😣😣

Most fucked up admission by Diam2 chedetofficial guanenglim tonypua prepared to lose (which I've been saying since 2016) $billions more in ECRL contract to save CCC China's face. Why honour fraudulent contract? Why not substitute other viable projects? Stupid beyond belief!

SELF GRATIFICATION IS THE RESULT OF ALL THESE MAJOR PROJECTS.

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