• Burmese
Wednesday, June 18, 2025
No Result
View All Result
NEWSLETTER
The Irrawaddy
30 °c
Yangon
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
No Result
View All Result
The Irrawaddy
No Result
View All Result
Home News Asia

Malaysia Says Still Negotiating With China on $20B Rail Project

Reuters by Reuters
January 31, 2019
in Asia
Reading Time: 1 min read
0 0
A A
Malaysian Prime Minister Mahathir Mohamad (second from left) and Chinese President Xi Jinping (right) meet at the Diaoyutai State Guesthouse in Beijing on Aug. 20. / Reuters

Malaysian Prime Minister Mahathir Mohamad (second from left) and Chinese President Xi Jinping (right) meet at the Diaoyutai State Guesthouse in Beijing on Aug. 20. / Reuters

4.4k
VIEWS
Share on FacebookShare on Twitter

KUALA LUMPUR — Malaysia is in talks with China over a $20-billion rail project, the finance minister said on Wednesday, just days after another cabinet minister said Kuala Lumpur had decided to cancel the contract.

After winning power last May, Malaysia’s prime minister vowed to renegotiate or cancel what he calls “unfair” Chinese projects authorized by his predecessor, Najib Razak, voted out after nearly a decade in power amid a massive financial scandal.

On Wednesday, Finance Minister Lim Guan Eng said the cabinet had decided to seek further negotiations on the East Coast Rail Link project, the centerpiece of China’s infrastructure push in the Southeast Asian nation.

RelatedPosts

China’s Bet on Myanmar Junta Risks Backfiring

China’s Bet on Myanmar Junta Risks Backfiring

June 17, 2025
1.3k
China is Systematically Dismantling Tibetan Monastic Traditions

China is Systematically Dismantling Tibetan Monastic Traditions

June 16, 2025
1.4k
Tree-Planting Hides Logging Frenzy; Moving Mountains for Steel Production; and More

Tree-Planting Hides Logging Frenzy; Moving Mountains for Steel Production; and More

June 14, 2025
550

Malaysia’s cabinet decided “in view of the sensitivity of the contract discussions, that we should allow the discussions,” Lim told reporters, adding that the governments would hold talks.

He did not elaborate on the topic of the discussions.

On Tuesday, Prime Minister Mahathir Mohamad asked for China’s understanding over Malaysia’s plan to cancel the project, saying Kuala Lumpur could not afford it.

The contract may cost the country more than 100 billion ringgit ($24.33 billion), Mahathir said, adding that Malaysia would still have to pay a cancellation fee.

Last week, Malaysian Economic Affairs Minister Mohamed Azmin Ali said the cabinet had decided to cancel the deal with China Communications Construction Co Ltd, one of the biggest signed in China’s Belt and Road initiative.

Azmin said at the time the government was still determining how much to pay CCCC as a cancellation fee. Government officials have previously said the project cost had been inflated.

Your Thoughts …
Tags: AzmincancelChinaMahathirnegotiateprojectrail
Reuters

Reuters

...

Similar Picks:

Exodus: Tens of Thousands Flee as Myanmar Junta Troops Face Last Stand in Kokang
Burma

Exodus: Tens of Thousands Flee as Myanmar Junta Troops Face Last Stand in Kokang

by Hein Htoo Zan
November 28, 2023
98.3k

Myanmar National Democratic Alliance Army troops are opening roads and pathways through forests for people to flee Kokang’s capital as...

Read moreDetails
Drone Attack at Myanmar-China Border Gate Causes Over $14m in Losses
Business

Drone Attack at Myanmar-China Border Gate Causes Over $14m in Losses

by The Irrawaddy
November 27, 2023
38.5k

Jin San Jiao is latest northern Shan State trade hub in crosshairs of ethnic Brotherhood Alliance.

Read moreDetails
Brotherhood Alliance Marching Towards Capital of Myanmar’s Kokang Region
Burma

Brotherhood Alliance Marching Towards Capital of Myanmar’s Kokang Region

by The Irrawaddy
November 25, 2023
31k

Chinese embassy urges citizens to flee Laukkai Town as ethnic armies prepare to drive Myanmar junta troops from Kokang’s capital.

Read moreDetails
Junta Battalion Controlling Myanmar-China Trade Route Surrenders to KIA 
Burma

Junta Battalion Controlling Myanmar-China Trade Route Surrenders to KIA 

by Saw Reh
January 26, 2024
22.6k

Kachin Independence Army seizes another base in northern Shan State, cutting off regime troops in the border trade town of...

Read moreDetails
Has China Lost Control of Ethnic Armies in Myanmar’s War-Torn Borderland?
Guest Column

Has China Lost Control of Ethnic Armies in Myanmar’s War-Torn Borderland?

by Bertil Lintner
November 6, 2023
21.4k

The Brotherhood Alliance’s offensive against the junta in northern Shan has shut down trade and resource access, but Beijing still...

Read moreDetails
Myanmar Regime Raises the White Flag in Kokang Zone on China Border in Shan State
War Against the Junta

Myanmar Regime Raises the White Flag in Kokang Zone on China Border in Shan State

by The Irrawaddy
January 5, 2024
20.4k

Surrender of headquarters in Laukkai town brings the Brotherhood Alliance another step closer to its goal of ridding northern Shan...

Read moreDetails
Load More
Next Post
Artists attend the opening of the International Watercolor Festival at the Strand Hotel in Yangon on Tuesday. / Htet Wai / The Irrawaddy

International Watercolor Festival Comes to Yangon

--

Yangon Timeout

No Result
View All Result

Recommended

China is Systematically Dismantling Tibetan Monastic Traditions

China is Systematically Dismantling Tibetan Monastic Traditions

2 days ago
1.4k
China’s Bet on Myanmar Junta Risks Backfiring

China’s Bet on Myanmar Junta Risks Backfiring

1 day ago
1.3k

Most Read

  • Myanmar Junta Attacks to Reclaim KIA’s Jade and Rare Earth Strongholds

    Myanmar Junta Attacks to Reclaim KIA’s Jade and Rare Earth Strongholds

    shares
    Share 0 Tweet 0
  • Updated Timeline: Key Events in the Life of Myanmar’s Daw Aung San Suu Kyi

    shares
    Share 0 Tweet 0
  • China’s Bet on Myanmar Junta Risks Backfiring

    shares
    Share 0 Tweet 0
  • China is Systematically Dismantling Tibetan Monastic Traditions

    shares
    Share 0 Tweet 0
  • Israel-Iran Conflict: Latest Developments

    shares
    Share 0 Tweet 0

Newsletter

Get The Irrawaddy’s latest news, analyses and opinion pieces on Myanmar in your inbox.

Subscribe here for daily updates.

Contents

  • News
  • Politics
  • War Against the Junta
  • Myanmar’s Crisis & the World
  • Conflicts In Numbers
  • Junta Crony
  • Ethnic Issues
  • Asia
  • World
  • Business
  • Economy
  • Election 2020
  • Elections in History
  • Cartoons
  • Features
  • Opinion
  • Editorial
  • Commentary
  • Guest Column
  • Analysis
  • Letters
  • In Person
  • Interview
  • Profile
  • Dateline
  • Specials
  • Myanmar Diary
  • Women & Gender
  • Places in History
  • On This Day
  • From the Archive
  • Myanmar & COVID-19
  • Intelligence
  • Myanmar-China Watch
  • Lifestyle
  • Travel
  • Food
  • Fashion & Design
  • Videos
  • Photos
  • Photo Essay
  • Donation

About The Irrawaddy

Founded in 1993 by a group of Myanmar journalists living in exile in Thailand, The Irrawaddy is a leading source of reliable news, information, and analysis on Burma/Myanmar and the Southeast Asian region. From its inception, The Irrawaddy has been an independent news media group, unaffiliated with any political party, organization or government. We believe that media must be free and independent and we strive to preserve press freedom.

  • Copyright
  • Code of Ethics
  • Privacy Policy
  • Team
  • About Us
  • Careers
  • Contact
  • Burmese

© 2023 Irrawaddy Publishing Group. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Business
    • Economy
    • Business Roundup
  • Books
  • Donation

© 2023 Irrawaddy Publishing Group. All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.