Full statement from Ng Yeen Seen, the CEO of CREATE | The Star
If the Opposition wins:
1. ECRL, TRX, Country Garden and all the China projects will be halted and Malaysia will be sidelined from OBOR (One Belt One Road).
China will buy more palm oil from Indonesia rather than Malaysia. Malaysia’s palm oil industry, after being boycotted by the EU, will have more problems with China’s boycott.
The Kra Isthmus project, a 30km canal funded by China to link the South China Sea and the Gulf of Thailand at the neck of the peninsula will be accelerated and beefed up. A superport hub will be built so that ships do not have to pass through Port Klang.