Malaysia's government has said a major China-backed rail link project can only be viable with a "drastic" price reduction by the Chinese contractor as the actual...
* It is good to note that Malaysian Govt. has confidence in its estimate and is not willing to let its country looted. * 688km High Speed Corridor is supposed to cost 20 billion US$ i.e. 1.3 lac crore Rs. Inflation of project cost is the biggest source of corruption in projects, which has to be checked right at the initial stage. * In comparision where as 508kms long Mumbai-Ahmedabad HST is estimated to cost Rs. 1.1 lac crore. Our cost too appears to be on the higher side. However clauses of Technology... more...
Transfer too has to be seen into before arriving to final conclusion.
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