Dr M announces revival of Bandar Malaysia project (updated) - Nation - News Summed Up

Dr M announces revival of Bandar Malaysia project (updated) - Nation


KUALA LUMPUR: Tun Dr Mahathir Mohamad has announced that the Bandar Malaysia project will be revived but with some changes. The Prime Minister said that the government "changed its stance" about the project, which had been previously put on hold. “The project is expected to generate tremendous impact on urban development in Malaysia. He said under the previous deal, only 24% of the project would have belonged to the Chinese company, China Railway Engineering Corp while the rest will belong to Malaysia. The 486-acre integrated property development project was previously linked to the controversial 1Malaysia Development Bhd (1MDB), and was supposed to host the terminus of HSR.


Source: The Star April 19, 2019 08:51 UTC



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