Despite cheap China loan, local funds underwrite Second Penang Bridge

KUALA LUMPUR, October 4 Putrajaya has motionless to forgo a cheap US$800 million (RM2.6 billion) loan from China to build a Second Penang Bridge, and has instead asked a state-owned Bank Pembangunan to serve safeguard a construction of a 24km overpass which is right away due in 2013. The Malaysian Insider understands which a RM4.3 billion ... Read More

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