The Malaysian Minister of Transport has announced that a consortium between Reneuco Bhd and Citaglobal Bhd has bagged a tender to develop an independent power producer (IPP) project for the East Coast Rail Link (ECRL) network.

The consortium has received and accepted a letter of intent (LoI) from Malaysia Rail Link Sdn Bhd (MRL) to plan, design, finance, develop, build, install, complete, commission and operate the project. The project involves the development of a 640-km railway link connecting different parts of the east coast region with the west coast region in Malaysia. The rail line will connect state capitals, major urban centers, industrial centers, ports, airports and tourist areas, as well as interchanges with existing rail lines. 

A subsidiary of the Malaysian Ministry of Finance is developing the project and will manage it in a 50:50 joint venture with China Communications Construction Company and the Ministry of Transport, through Agensi Pengangkutan Awam Darat (APAD), will oversee and regulate the project.