Govt to continue megaprojects that do not require additional funding, says Muhyiddin | The Edge Markets

Govt to continue megaprojects that do not require additional funding, says Muhyiddin | The Edge Markets



MUAR (June 27): Several megaprojects that do not require additional funding will be continued to provide economic opportunities as the government seeks to boost the country's economy following Covid-19, Prime Minister Tan Sri Muhyiddin Yassin said.



Although enormous expenses had been being spent to deal with problems caused by Covid-19, he said another strategy to provide other economic opportunities is by continuing megaprojects that had already been decided.



“For example, the East Coast Rail Link (ECRL) project involves an expenditure of RM40 billion, while other projects that were previously approved and did not require additional expenditure were not stopped — instead they will be continued.



“These include the projects that we have decided, namely the Kuala Lumpur-Singapore high-speed ​rail (HSR) project, which will stop at various stations, including the Pagoh Education Hub," he said in a dialogue during a meeting with community leaders of the Pagoh parliamentary constituency here today.