Cheaper To Pay Compensation Than To Proceed With The Ecrl

(Bernama) – The amount of compensation the government needs to pay if it decides to cancel the RM81 billion East Coast Rail Link (ECRL) is not as huge in comparison to the debt should it decide to continue with it, said Prime Minister Tun Dr Mahathir Mohamad.
The government according to him, would be saddled with huge debts over the next 30 years if it continue the mega-rail project.
“The huge compensation is not as huge of the amount we will carry the next 30 years,” he said when asked if the government would need to pay a huge compensation if it decide to terminate the RM81 billion ECRL project.
Dr Mahathir was speaking to reporters after launching the National Anti-Corruption Plan (NACP) 2019-2023 at the Putrajaya International Convention Centre (PICC) here today.
“We are burdened with very heavy debts. We just cannot pay. So we have to cut back on some of the expenditure incurred by the previous government. It is not because we don’t want to honour our contracts, but we just cannot pay because these contracts may cost us more than RM100 billion and it will impoverish us.
“We seem to understand of the parties concern, it is not we want to frustrate or throw out contracts. We are really tight in terms of finance,” explained the Prime Minister.
Asked on the government’s decision over the fate of the project, Dr Mahathir said the Finance Minister Lim Guan Eng would give clear a explanation on the matter.
Responding to a question regarding contradictory statements made by ministers about the status of the ECRL project, the Prime Minister said: “Some mistakes are made and will be correcting the mistakes. We seek your understanding.”
Last Saturday, the Economic Affairs Minister Datuk Seri Mohamed Azmin Ali had announced the cancellation of the RM81bil project, but Lim when asked by the media said the Cabinet would make an official announcement on the China-backed project this week.
China Communications Construction Co Ltd (CCCC) is the main contractor for mega-rail project.

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

https://www.malaysia-today.net/2019/01/29/cheaper-to-pay-compensation-than-to-proceed-with-the-ecrl/

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini

Ag S Boogie With The Judiciary What The Three Ex Judges Think

papar berkaitan - pada 22/1/2019 - jumlah : 404 hits
Jan 22 You remember the 3 ex Judges I consulted with on I needed to seek their wisdom once more this time over the issue of the Attorneyt General the Chief Justice and the Law Minister doing the twist at a recent legal gala dinner Which got...

China Offered Heavy Discount On Ecrl But Then Came The Contradictory Remarks By Our Ministers

papar berkaitan - pada 1/2/2019 - jumlah : 409 hits
KUALA LUMPUR China offered to nearly halve the cost of a US 20bil rail project to save the centrepiece of its infrastructure push in South East Asia two sources said on Thursday but contradictory remarks by Malaysian ministers leave the out...

Poser Over Letter Showing Malaysia Rejected Cheaper Ecrl Offer From China

papar berkaitan - pada 2/2/2019 - jumlah : 527 hits
More questions have surfaced on the future of the multi billion ringgit East Coast Rail Link this time over a letter purportedly informing China Communications Construction Company that the Malaysian government would not take up the company...

The Ecrl Is Cancelled Because It Will Bring Development To The East Coast

papar berkaitan - pada 30/1/2019 - jumlah : 477 hits
But then Kelantan Terengganu and Pahang are under the opposition And if these states open up then Pakatan Harapan will never win them in GE15 Hence Kelantan Terengganu and Pahang need to be starved of development And if they wish to see dev...

Exclusive Interview With The Malaysian Prime Minister

papar berkaitan - pada 27/1/2019 - jumlah : 407 hits
The following article is a work of fiction and in the event it resembles real life or a person or persons still alive already dead or about to die is not intended and is purely coincidental NO HOLDS BARRED Raja Petra Kamarudin First of all ...

So What If Pas Works With Umno In The Spirit Of Perpaduan Ummah

papar berkaitan - pada 4/2/2019 - jumlah : 455 hits
Raja Sara Petra Over the weekend the mainstream and social media kecoh dengan news about PAS President Abdul Hadi Awang and Sarawak Report editor Clare Rewcastle Brown settling their civil suit out of court This suit is regarding the allega...

Journey Into The Year Of Blooming Abundance With Doubletree By Hilton Kuala Lumpur

papar berkaitan - pada 21/1/2019 - jumlah : 678 hits
Usher in this Chinese New Year filled with an abundance of prosperityThis Chinese New Year DoubleTree by Hilton Kuala Lumpur introduces its selection of Chinese delights and delectable dine in menus Themed the Year of Blooming Abundance Hil...

Last Year Mahathir Said They Can Build The Ecrl For Just Rm10 Billion

papar berkaitan - pada 29/1/2019 - jumlah : 386 hits
Last year Mahathir said there are offers from many local and Chinese companies to build the East Coast Rail Link for a price of just RM10 billion So what are they waiting for Why all this confusion as to whether the ECRL is still on or off ...

Discover The Science Behind Great Coffee With Dutch Lady

papar berkaitan - pada 1/2/2019 - jumlah : 660 hits
Hello lovely readers Image from GoogleI am a coffee lover I can t live without coffee Coffee is always my energy and mood booster This is because coffee contains caffeine a natural substance found in more than 60 plant species Once consumed...