KUALA LUMPUR: The chief investigator into vanished flight MH370, Datuk Kok Soo Chon, will be giving a televised interim statement on the ongoing search for the missing aircraft Tuesday, the second anniversary of the plane's disappearance.

Kok will present his statement on Radio Televisyen Malaysia's TV1 at 3pm Tuesday, which will also be uploaded to www.mh370.gov.my.

However, sources said the statement would provide "nothing new" in the search or investigation into the missing aircraft.

Transport Minister Datuk Seri Liow Tiong Lai (pic) said that if the plane was not found by July 2016, a tripartite meeting between Malaysia, China and Australia will be convened to decide the next course of action.

"Our stand will be guided by the expert team's view," he said when asked if the search for the missing plane would be stopped once the search area is scoured.

The search for the plane has cost nearly USD$130mil (RM532.4mil), and has employed vessels and autonomous underwater vehicles (AUV), that has had its fair share of damages and breakdowns during the search.

Liow said although the team had made nearly 500 discoveries in its search of 90,000 sq km of ocean floor, there were no clues leading to the missing plane.

The only fragment of the plane was found in the Reunion Island last year.

"We are awaiting verification of two more pieces of debris which were discovered recently in Mozambique and Reunion Island respectively," Liow said.

"Our commitment to the families and to the citizens of Malaysia remains steadfast as we continue to complete the highest probability area search and to find the answers that we all seek.

"Our thoughts and prayers will always be with the families and loved ones of those on board flight MH370," he added.

Parliament will observe a moment of silence during its session Tuesday to mark the second anniversary of the plane's disappearance.