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China's CCCC reiterates it has not given up on Malaysia rail project

Company says it has proposed plans to lower construction cost of East Coast Rail Link

Malaysia has halted construction on the East Coast Rail Link project. (Photo by CK Tan)

HONG KONG (NewsRise) -- China Communications Construction Co. executives on Wednesday reiterated the infrastructure company has not given up on the multibillion-dollar East Coast Rail Link in Malaysia, on which development work has been suspended for months amid doubts over the project's financial viability.

"We have proposed feasible plans that can lower the construction cost by an appropriate amount," Company Secretary Zhou Changjiang told reporters at a news conference in Hong Kong on Wednesday. "We are proactively communicating with the Malaysian government. ... We have never given up on this project and we have been improving our design to push this project ahead."

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