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China Railway to invest $2 billion in regional center in Malaysia

China Railway Group Limited (CREC) announced on Monday that the company is investing USD 2 billion to set up its 1st regional center in Bandar Malaysia. When completed, Bandar Malaysia will serve as KL’s gateway for the high speed railway to Singapore and become a central transport hub. Malaysian PM Najib said CREC’s decision would be a major boost to Malaysia’s economy.

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