ECRL definition
Examples of ECRL in a sentence
Pua provided details of China’s role in facilitating their loans to serve 1MDB’s debt: “By May 2017, the then Prime Minister Dato’ Seri ▇▇▇▇▇ ▇▇▇▇▇ had signed the Phase I and Phase II of the East Coast Rail Link (ECRL) project with a total value of RM55 billion with China Communications and Construction Company (CCCC).
ECRL is the biggest economic and trade project between Malaysia and The People Republic of China.
ECRL has 22 stations along the 688km line from Pengkalan Kubor in Kelantan to Port Klang in Selangor, covering the ECER.
Unlike the ▇▇▇▇▇ approval and large upfront loan disbursement in the ECRL project, the HSR project was carefully planned, and progressed at a reasonable pace, with proactive engagement with the Malaysian and Singaporean public (MyHSR).
As such, JR requires the support of the MMAG Group to execute its obligations under the ECRL Agreement.
Years ago, I wrote a letter to Chinese President proposing him to build a “super railway” project to connect the whole Asia Continent, but not like this project [ECRL].
Similar to the ECRL, both projects were approved by the Cabinet on July 27, 2016, two days after they were presented.
The minutes from a series of previously undisclosed meetings on June 28, 2016, reviewed by the WSJ in January 2019, describe “a plan proposed by Malaysian officials for Chinese state companies to build two large projects with funding from Chinese banks”, referring to the ECRL and the TSGP-MPP projects, confirming ▇▇▇▇▇▇’s account.
The premier had inflated the cost of the ECRL by billions with the consent of its Chinese counterpart to cover 1MDB’s debt to IPIC (Sarawak Report, 2016).
ECRL has a variety of equipment at the headquarters, Pine Tech data center, and 14 branch locations.