The collaboration aims to raise US$200 million (about RM850 million) in seed money from accredited and institutional investors to finance the planned development of industrial property at Bukit Raja in Klang, Selangor
Tourism Pahang general manager Kamaruddin Ibrahim said the move followed a statement by Prime Minister Datuk Seri Ismail Sabri Yaakob that reopening of island resorts and tourism centres or destinations and inter-state travel would only be allowed when the vaccination rate of the country’s adult population had reached 90 per cent
Padang Rengas lawmaker Nazri Abdul Aziz is also of the view that MM2H participants were not “security threats” and did not warrant “close scrutiny” by the Home Ministry.
Of this figure, 920 were from China
This comes after Hatten Land recently announced that it would repurpose its retail malls in Melaka for digital activities such as cryptomining and e-commerce, with these activities leveraging existing infrastructure and lower energy costs in Malaysia
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According to the Auditor-General's Report 2019 Series 2, MM2H programme management was also found to be inefficient and ineffective with the absence of an integrated database and weaknesses in the internal controls of the Malaysian Immigration System (MyIMMs).
The report also revealed that the change in land use zones and the intensity of development had affected the environment as well as the increase in density apart from causing a reduction in public open space, flash floods and traffic congestion.
The revised projection also takes into account the latest data which covers the time when the Delta variant broke into the Covid-19 situation, but the World Bank expects an even more heightened recovery for 2022 as corrections will kick in.
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