Transport Minister Anthony Loke said the encouraging progress achieved was in line with the December 2026 completion schedule for the ECRL track from Kota Bharu to the Gombak Integrated Transport Terminal.
Transport Minister Anthony Loke Siew Fook: “Five cargo stations will be built in Pahang to facilitate the movement of cargo between the industrial areas and the ports, be it Kuantan or Klang.
Ragu said ECER also offers cost effective-land options.
MRL reiterated that there are "no changes" to its proposed post-construction partnership with CCCC, as per the signing of a memorandum of understanding (MOU) for ECRL’s management, operation and maintenance phase back in April 2019.
They are going to form a joint venture company to operate the RM50 billion rail that connects Kota Bharu in Kelantan to Port Klang in Selangor, based on a renegotiated contract aimed at sharing the risks of the project to reduce the financial exposure of the Malaysian government, according to Transport Minister Anthony Loke.
The relationship between Malaysia and Thailand should be seen as mutually beneficial, rather than a “zero-sum game,” said Transport Minister Anthony Loke.
The project had achieved an overall progress of 62.
It added that the SDG Sukuk Framework has been assigned a “Gold” Impact Assessment by MARC Ratings Bhd.
KUALA LUMPUR (March 11): Silver Ridge Holdings Bhd won a RM1.
The concession includes the development of power transmission and interconnection facilities valued at RM600 million, which is expected to be commissioned in stages by mid-2026.
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