 Home > Chemicals Industry > International Chemical > Malaysia canceled more than $22 billion in Chinese-funded energy and rail projects

Malaysia canceled more than $22 billion in Chinese-funded energy and rail projects

 Last Update: 2022-12-28
 Source: Internet
 Author: User

Tags

recover

motorcycle rail

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Prime Minister Mahathir Mohamad was quoted by Malaysia's state news agency as saying that multibillion-dollar projects funded by China had been canceled
.

Malaysia canceled more than $22 billion in Chinese-funded energy and rail projects

The projects include a $20 billion East Coast Rail Link and two $2.
3 billion energy pipelines
.
The projects have been suspended
pending renegotiation.

Mahathir reportedly told Malaysian reporters on the last day of his visit to Beijing on August 20 that both Chinese President Xi Jinping and Premier Li Keqiang understood the reasons for the cancellation and accepted it
.

Malaysia's new government has called for deep cuts in the ballooning costs of these projects, estimated at more than $22 billion
.
However, some of this money has already been paid and may be difficult to recover
.

，

Prime Minister Mahathir Mohamad was quoted by Malaysia's state news agency as saying that multibillion-dollar projects funded by China had been canceled
.

Malaysia canceled more than $22 billion in Chinese-funded energy and rail projects

The projects include a $20 billion East Coast Rail Link and two $2.
3 billion energy pipelines
.
The projects have been suspended
pending renegotiation.

railway

，

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

4-acryloylmorpholine ACMO

CAS No.: 5117-12-4

top

$3.39/KG EXW

UV-531

CAS No.: 1843-05-6

$7-8/MT FOB

benzotriazole ultraviolet absorbers UV-P

CAS No.: 2440-22-4

$7-8/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.