Transport and property development

Malaysia is back on the BRI

Malaysia will revive a US$34 billion Chinese-backed transport and property development that was abandoned in 2017, the prime minister said Friday, adding the project would contribute to Beijing’s global infrastructure drive.The announcement came after the countries agreed this month to resume work on a previously suspended railway project in Malaysia, and is the latest sign of improving ties after a rocky period.The 140-billion-ringgit (US$34 billion) Bandar Malaysia development in Kuala Lump

20 April 2019
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