News by Emir Zainul

“Another thing that is interesting in the review is the guarantee of fair and reasonable development to states in the East Coast and Sabah and Sarawak."

This comes as Khazanah Research Institute’s “State of Households” report, released on Monday, stated the wealth gap in Malaysia is widening although the income growth among the middle income and low income (B40) groups is faster than that of the rich.

“I would like to reiterate that while we recognise that the country is in large debt, the government is still focused on sustainable economic growth.”

“We are already engaging with a few multinational and local companies [and] we hope to conclude the negotiations by the first quarter of next year.”

Greenfield Residence is an inaugural project under Cicet Asia. Located in Sunway Mentari, off Lebuhraya Damansara Puchong, this project was built in accordance with the Green Building Index (GBI).

Prior to today's meeting, the MACC had earlier questioned Rosmah in June this year.

Master plan focuses on self-sustainability, good connectivity, green living in a dynamic urban setting.

The review is necessary to ensure implementation of the programme is really beneficial for the bottom 40% income (B40) group, Selangor MB Amiruddin Shari said.  

Chief executive officer Datuk Azmir Merican said the group currently has works-in-hand worth RM13.5 billion, consisting of contracts and concessionaires with periods between five and 10 years.

It is looking at developing some other industrial parks with big players.