Govt fully owns ECRL assets, says Wee

Transport Minister Wee Ka Siong says the East Coast Rail Link repayment plan to a Chinese government-owned bank does not involve an asset transfer or a land transfer. – The Malaysian Insight file pic, May 14, 2022.

SPECULATION that East Coast Rail Link (ECRL) assets and land ownership will be transferred to China is unfounded, said Transport Minister Wee Ka Siong.

He said ECRL assets are fully owned by the government via Malaysia Rail Link (MRL), while China Communications Construction Company Ltd (CCCC) is the main contractor of the project.

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