People pose with a model train at the launch of the East Coast Rail Link project in Kuantan, Malaysia, in August 2017. Photo: Xinhua People pose with a model train at the launch of the East Coast Rail Link project in Kuantan, Malaysia, in August 2017. Photo: Xinhua
People pose with a model train at the launch of the East Coast Rail Link project in Kuantan, Malaysia, in August 2017. Photo: Xinhua
Malaysia
Asia /  Southeast Asia

Malaysia scraps China-backed East Coast Rail Link plan over price

  • Economy minister Azmin Ali admitted the government could not afford hefty interest rates demanded by high-profile ‘Belt and Road’ project
  • Official insisted Kuala Lumpur would ‘still welcome all forms of investment from China’, but consider them on a ‘case-by-case basis’

Topic |   Malaysia
Bhavan Jaipragas
Bhavan Jaipragas

Updated: 11:32pm, 26 Jan, 2019

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People pose with a model train at the launch of the East Coast Rail Link project in Kuantan, Malaysia, in August 2017. Photo: Xinhua People pose with a model train at the launch of the East Coast Rail Link project in Kuantan, Malaysia, in August 2017. Photo: Xinhua
People pose with a model train at the launch of the East Coast Rail Link project in Kuantan, Malaysia, in August 2017. Photo: Xinhua
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