Malaysia to cancel $20-bn China-backed rail project due to high cost

Minister Mohamed Azmin Ali assured that Malaysia would welcome all forms of investment from China on a case-by-case basis

Malaysia's economics minister said on Saturday the country will cancel the $20 billion East Coast Rail Link (ECRL) project with contractor China Communications Construction Co Ltd.

Mohamed Azmin Ali said at a media event that the cost of the project was too great, while giving an assurance that Malaysia would welcome all forms of investment from China on a case by case basis.