China projects in Malaysia to hit Singapore Goh: The double-track five-year ECRL project, scheduled to launch this year with soft loans from China, will cater for passenger and freight transport when construction by a Chinese state-owned company is completed. It will connect ports on the east and west coasts of Peninsular Malaysia and will alter current regional trade routes, which ply between the busy Straits of Malacca and the South China Sea via Singapore. Currently, Singapore is in a strategic position along the east-west route.
The overseas media have invariably described the initiative as the Chinese version of the Marshall Plan, a United States government initiative to rebuild Europe after the second world war.
However, Chinese officials have shied away from endorsing the comparison, because the US plan had the strong geopolitical intent of supporting its European allies and isolating what was then the Soviet Union.
From last month, state media have ramped up propaganda to mark the fifth anniversary of the grand plan and catalogue achievements ranging from China-built railways in Ethiopia to the China-owned Greek port of Piraeus.
Malaysian Prime Minister Mahathir Mohamad said his country could not afford those projects and they were not needed at the moment. Interestingly, Mahathir announced the decision even before leaving China, and said both Xi and Premier Li Keqiang understood the reasons behind the cancellations and accepted them.
The Chinese government put on a brave face in response, with a foreign ministry spokesman saying it was inevitable there would be problems or different points of view between any two countries. From September 3, Xi will host a two-day summit of African heads of state and representatives from international organisations to discuss further cooperation between China and African countries.
There is little doubt the belt and road strategy will be one of the key themes, with more investments to be announced. It remains unclear how much money China has sent to countries involved in the plan. The Chinese government has been aggressively pushing the belt and road plan abroad while Xi has consolidated his power over the past five years.
Last year he declared China had entered into a new era, arguing it was never so close to the centre of the world stage. The belt and road strategy thus appears to have become an important vehicle for China to enhance its status as a world leader. But from the very beginning, Chinese officials seem to have bought into their own hype, overexcited about the gigantic scale and enormous potential of the plan.
Understandably, some countries — including Malaysia — have started to worry about the commercial viability of certain China-financed projects and the impact on their domestic finances.
Despite their best efforts, Chinese officials still seem to fail to appreciate the political and cultural complexities in certain belt and road countries where there have been heavy Chinese investments.
Sometimes, geopolitical considerations and the determination to value the so-called special relationship have trumped sound business decisions. But its government is faced with tremendous challenges because of political tension and economic hyperinflation, and Washington is reportedly considering sanctions.
But in many ways, China has acted like a solo performer. The leadership must end the current practice of striking in all directions. Instead, it must focus its money and resources on several major projects and make them sterling successes as examples for others to follow.
Secondly, on top of infrastructure projects, Chinese leaders should direct more funding to projects that would improve the livelihood of people in belt and road countries to win more goodwill.
Thirdly, they must improve transparency in these projects to ease international concerns.
Finally, the government should work more closely with international financial institutions such as the World Bank and the Asian Development Bank, which have decades of experience helping developing countries.Designers Home is a Malaysia Interior Design Company - Renovation and Residential interior design, Kiosk, Cafe Interior Design Malaysia Company.
Megaprojects being implemented in southern peninsular Malaysia are set to bring economic progress to Johor over the next few years.
The High-Speed Rail (HSR) project is one of these. Malaysia is haggling over the terms of a $14 billion rail deal with its Chinese partners and can reduce its ballooning national debts by $50 billion by doing away with mega projects, its prime.
PUTRAJAYA — Malaysia's new Pakatan Harapan (PH) government will fully review mega projects awarded by the previous administration, such as the Kuala Lumpur-Singapore High . An NGO today questioned the readiness of the public authorities in handling upcoming mega projects in the wake of a recent worksite incident.
The Citizens Awareness Chant Group (Chant) said the. Energy Planning and Development in Malaysian Borneo: Assessing the Benefits of Distributed T echnologies versus Large Scale E nergy Mega-projects. Rebekah Shirley1*, Daniel Kammen1,2. 1Energy and Resources Group, University of California, East Malaysia as a case study .