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What is wrong with the East Coast Rail Link Project?

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Fact 1: The planned budget done by a railway consultant commissioned by our government is RM 29 billion.

Why the projected cost is shot up to RM 55 billion? Insofar, not a single explanation is given by Federal government for cost overrun of RM 26 billion.

Fact 2: East Coast Rail Link is the most expensive railway in the world in term of mileage cost, even more expensive than Tibet Highland railway, a toughest railway being built by the humankind.

Fact 3: RM 26 billion overrun cost is equivalent to RM 867 for each Malaysians to pay for. (with 30 million population baseline)