First of all, it is because of the high quality and low maintenance fee, he said, adding that it also took into account about CRRC's localization efforts, including a rolling-stock assembling factory in the Malaysian state of Perak.
When attending the foundation-laying ceremony for ECRL, Chinese State Councillor Wang Yong praised the ECRL as a "flagship project" jointly built by the two countries under the Belt and Road Initiative, which will boost economic transformation and balanced development of different regions in Malaysia.
He also expressed hope that the two countries could seize the historic opportunity brought by the initiative to achieve win-win results and joint development.
In a broader sense, railway cooperation between China and Malaysia also embodies China's commitment to help develop railway infrastructures in the Southeast Asian region.
A report released by HSBC in November, said that major rail lines, under construction or to be developed under the Belt and Road Initiative, will increase the volume and efficiency of intra-regional trade, and increase the productivity of the region with more efficient transportation.
【国内英语资讯:Yearender: Railway cooperation helps boost China-Malaysia ties】相关文章:
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