Malaysia to Kill $20 Billion Train Project in a Blow to China

Source: Travel News

Bloomberg

A photo of an intercity rail line in Malaysia. The country demanded a drastic cost reduction before it could move forward with a rail project that would connect it with Thailand at an estimated cost of $20 billion. Bloomberg

Skift Take: The Malaysian government will likely cancel The East Coast Rail Link — which would connect Malaysia to Thailand — due to a price tag that's been spiraling upward. While new transport infrastructure is usually good, emerging economies must choose projects with care.

— Sean O’Neill

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Malaysia to Kill Billion Train Project in a Blow to China