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Nazir urges govt to scrutinise benefits of Chinese-led deals

Mimi Sabreena 9:11:00 AM Informasi

KUALA LUMPUR: Prominent banker Datuk Seri Nazir Razak has called on the government to scrutinise Chinese-led investments in Malaysia that are part of the expansive One Belt, One Road (Obor) initiative, particularly the 600km-long East Coast Rail Line (ECRL) project.

Nazir, who is the chairman of CIMB Group Holdings Bhd, the country's second-largest lender by assets, said the RM55 billion ECRL project should be thoroughly scrutinised as the project should not be solely measured in terms of investment scale, but also in its value proposition.

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