Chinese company, banks back Malaysia's high speed rail terminal project

Malaysian Prime Minister Najib Razak (6th,L) poses for a group photo with guests after a signing ceremony of the Bandar Malaysia project in Kuala Lumpur, Malaysia, June 17, 2016. Chinese leading banks and company on Thursday expressed their support for a flagship project in the Malaysian capital, which will also house the terminal of the proposed high speed rail linking Kuala Lumpur and Singapore. Bank of China, the Industrial and Commercial Bank of China and China Construction Bank will join hands with HSBC and several leading local banks to provide funding to the investors of the Bandar Malaysia project, according to a memorandum of understanding signed here Thursday

source : xinhua