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 Congrats! ECRL loan needs 80 years to repay, Jomo was right, cancel ECRL now

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dickybird
post Oct 6 2019, 05:47 PM

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East coast undeveloped is its own advantage. Money to put in infra like roads and airports to bring tourists to sample the laid back culture and beautiful beaches.
If want to develop, do it that way la.
No talent pool or markets to do like west coast and less capital intensive.
Heavy rail transports, the numbers don't justify it la. No natural deepwater ports in the east coast to receive any naval cargo. Why work against the natural landscape, expensive and unsustainable.
hz428
post Oct 7 2019, 12:12 AM

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QUOTE(submergedx @ Oct 6 2019, 03:30 PM)
lol
where are you going to ship the oil & gas to? KL Sentral kah?
O&G use ship one la
They only planned for passenger & freight cargo lar.
but still
i support this project development
just not the budget, sipeklanjiao expensive
Klang Valley atleast got daily 140,000(2018 news) to support the expenses, barely can balance the costing.
How many passengers you need for this ECRL daily atleast?
If malaysia got extra money and got heart to develop the east
just go la fucking dont complain so much la this gov
user posted image
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lol, u think ur oil come bk truck faster or come by train faster. btw, bringing the oil to central is not to KL sentral. LMAO
ppl are talking about international shipping, AKA export. LMFAOOOOOO.


dickybird
post Oct 7 2019, 12:22 AM

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QUOTE(hz428 @ Oct 7 2019, 12:12 AM)
lol, u think ur oil come bk truck faster or come by train faster. btw, bringing the oil to central is not to KL sentral. LMAO
ppl are talking about international shipping, AKA export. LMFAOOOOOO.
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Pipeline > all. You shouldn’t laugh that loud,
submergedx
post Oct 7 2019, 01:14 AM

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QUOTE(dickybird @ Oct 7 2019, 12:22 AM)
Pipeline > all. You shouldn’t laugh that loud,
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doh.gif facepalm with his confident
tenukkongkong
post Oct 7 2019, 11:25 AM

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QUOTE(Roblox Malaya @ Oct 6 2019, 08:20 AM)
Under BN, the loan was for 20 years to reply with 7 years repayment holiday during construction period.

You have to look at this rationally. That 80 years is the person's opinion.As if China will allow you to extend your loan by another 60 years!

If you can take RM80 billion from Petronas just like that from the RM174 billion cash in Petronas left behind by BN, do you think they cannot take RM44 billion to completely repay ECRL if they really wanted to?

Also, the money to repay the loan just doesn't come from cargo or ticket sales but from the Transport Oriented developments along the rail lines.

It is so easy to hasut the people with claims like these. That's why people so easy to get cheated by stories that Mahathir will step down in 2 years and cheated by the Manifesto.

Think, people. think!!
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Ignore them bro. All of them are macai level 100. PH already uturn somemore still blaming previous gov.

Already 1 year still got people believe 1 trilion debt. What a dumb ass
esdome
post Oct 7 2019, 11:27 AM

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Thank you Bijan
Raddus
post Oct 7 2019, 12:18 PM

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Continue to have 0 new infrastructure for 80 years


Raddus
post Oct 7 2019, 12:20 PM

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QUOTE(dickybird @ Oct 6 2019, 05:47 PM)
East coast undeveloped is its own advantage. Money to put in infra like roads and airports to bring tourists to sample the laid back culture and beautiful beaches.
If want to develop,  do it that way la.
No talent pool or markets to do like west coast and less capital intensive.
Heavy rail transports, the numbers don't justify it la. No natural deepwater ports in the east coast to receive any naval cargo. Why work against the natural landscape, expensive and unsustainable.
*
Already got airports and roads why build more of that? Build railway lah
hz428
post Oct 7 2019, 10:16 PM

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QUOTE(dickybird @ Oct 7 2019, 12:22 AM)
Pipeline > all. You shouldn’t laugh that loud,
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build compressors at the mountains? topkek

lagista
post Oct 15 2019, 10:49 PM

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QUOTE(esdome @ Oct 7 2019, 11:27 AM)
Thank you Bijan
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Put limit cap on govt guarantee debts!, Auditor-General said
15 Oct 2019
https://forum.lowyat.net/topic/4851598

Nik Azman: Laporan Audit Dedah 5 Syarikat Tidak Mampu Bayar Pinjaman RM2.9 Bilion
14 Oct 2019
https://forum.lowyat.net/topic/4851261



Roblox Malaya
lagista
post May 19 2020, 02:18 PM

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QUOTE(Raddus @ Oct 7 2019, 12:18 PM)
Continue to have 0 new infrastructure for 80 years
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Gov approved extend ECRL project up to Kota Bharu
Projek ECRL jajaran semula Kota Bharu-Dungun diluluskan
19 May 2020
https://forum.lowyat.net/topic/4964113
Currylaksa
post May 19 2020, 02:19 PM

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RIP Bajet? sad.gif
lagista
post Jul 5 2020, 02:50 PM

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QUOTE(Currylaksa @ May 19 2020, 02:19 PM)
RIP Bajet? sad.gif
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PN gov't mulls reviving BN-era ECRL alignmen
5 Jul 2020
https://forum.lowyat.net/topic/4990906
lagista
post Aug 31 2020, 01:47 PM

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QUOTE(wualalala @ Jul 5 2020, 08:13 PM)
BN and PN prefer to pay 80 years ... The people foot the bill, their pockets to gain million ...

Why are Malaysians are so stupid?
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Pembinaan projek ECRL bermula November
31 Aug 2020
https://forum.lowyat.net/topic/5019143

https://harakahdaily.net/index.php/2020/08/...rmula-november/
nizam86
post Aug 31 2020, 01:51 PM

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Azrb stock goreng otw
SUSunforg1ven
post Aug 31 2020, 01:57 PM

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10 years later..

Bosskuku macai and umno

Will blame .

Lim Guan Eng and dapig for the loan..


Kekkeke

Syukur

Puak kite mudah Lupa.. After songlap duit

This post has been edited by unforg1ven: Aug 31 2020, 02:03 PM
pakmulau
post Aug 31 2020, 02:44 PM

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meanwhile hutang shell company 1mdb tahun 2039 baru langsai

cukur la 1mdb can generate 1B per year utk bayar hutang
0168257061
post Aug 31 2020, 02:52 PM

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Waaaaaaaa

Can I just buy a car and loan for 80 years ? tipkek
joe_star
post Aug 31 2020, 02:54 PM

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QUOTE(nasi lemak 20 sen @ Oct 5 2019, 03:25 AM)
Nope. They already said it's a burden for "next generations".

It's beyond stupid to take 80 years loan for any project.

In this case, listen to prominent economist Jomo advise. Cancel ECRL. Cut the losses.

Only those who have vested interest support this malapetaka project. This is China Belt and Road project. World famous for bankrupting a nation and let China take over their assets.
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The benefits of Chinese investment would greatly outweigh the cost of the loans

We are being very short sighted just looking at this one dimensionaly
joe_star
post Aug 31 2020, 02:56 PM

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QUOTE(lagista @ Aug 31 2020, 01:47 PM)
Good, the project should be re-established to its full extent for the benefit of all

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