#ecrl

'I don't know whether it has been terminated or not,' he says when asked about the matter.

Three ministers say they are not aware of any such termination as reported by the media.

The government adviser also says Putrajaya is hoping for a speedy resolution to the project.

YOURSAY | ‘When all the cookies have been depleted, we blame the whole world except ourselves.’

QUESTION TIME | The entire project is not only unviable, but also overpriced.

Ex-PM adds cost should not be an issue given that the gov't could switch from GST to SST.

We are in talks with China but we have not arrived at a good solution on this, Mahathir tells Sin Chew Daily.

Dr M says he has no idea how long it will take to renegotiate the project with the Chinese firm. 

UPDATED 9:46PM | Yen credit can be used to repay loans or be spent on projects, says Dr Mahathir; no strings attached like ECRL loan. 

He added that the Chinese company met him in Kuala Lumpur last week regarding the issue.

YOURSAY | ‘If the state cannot pay its civil servants, how do we expect it to raise funds for ECRL?’

Instead, he says the government will be asked by Exim Bank to return RM19.68 billion it has disbursed.

PARLIAMENT | The figure represents advance payments made by MRL to the China-owned company, he says.

Mahdzir Khalid cites China shifting its import of palm oil to Indonesia as an example.

Official also says it will strengthen supervision of the debt sustainability of its overseas investment. 

'Attention to controversial mega-deals has eclipsed the contributions of smaller-scale projects.'

INTERVIEW | The rail project crosses a natural heritage site the state wants Unesco to recognise.

"Meskipun mungkin terdapat kesilapan, kami gesa media untuk terus menyemak kami, kami akan betulkan " kata CCCC.

CCCC says some of the equipment can be found in Malaysia, which the company procured locally.

It reveals the expansion plan into property development, particularly along the 688km ECRL project.  

CCCC vice-president Sun Ziyu says the cost depends on the scope of work carried out for the project.

The company's VP says he understands the need for review, but adds that losses are being incurred every day.