China and Malaysia resumed construction on a massive 'Belt and Road' t...
DUNGUN, Malaysia - China and Malaysia resumed construction on a massive “Belt and Road” train project in northern Malaysia on Thursday, after a year-long suspension and following a rare agreement to cut its cost by nearly a third to about $11 billion.
But in April, the close trade partners agreed to proceed with the East Coast Rail Link at a cost of 44 billion ringgit , reducing it from 65.5 billion ringgit. Flanked by cranes and trucks parked near a partly completed section of a tunnel, Ambassador Bai Tian spoke of “a great wave” of potential Chinese investors coming to Malaysia for field studies, and he expected many of them to decide to invest.Ambassador Bai said the completion of the ECRL, expected by December 2026, could more than double the number of Chinese tourists coming in to Malaysia from 3 million last year.
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