KUALA LUMPUR: A special funding scheme will be available from March 1 to help those who are keen on the National Economic Action Council's People Housing Programme as well as Kuala Lumpur City Hall's public housing.
“Through the scheme, problems in obtaining loans can be overcome. This will help the low and medium-income families to own a house,”Datuk Seri Najib Tun Razak said.
“I'm confident that the scheme will be able to assist prospective buyers and resolve numerous problems in obtaining loans,” the Prime Minister said when launching the 2012 Federal Territories' Day at Dataran Merdeka here yesterday.
Present were Najib's wife Datin Seri Rosmah Mansor and Federal Territories and Urban Well-being Minister Datuk Raja Nong Chik Raja Zainal Abidin.
Najib said the scheme would be managed by Syarikat Perumahan Wilayah Persekutuan, set up under Yayasan Wilayah Persekutuan, with funds from the Employees' Provident Fund.
Najib also spoke about the Federal Territories as a reflection of Malaysia's future and a showcase of a holistic and responsible development planning.
He said the Government was striving to transform Kuala Lumpur and the Klang Valley so that it would be among the world's 20 most livable cities by 2020.
“Several mega projects are on-going under the Greater KL/Klang Valley initiative, including the My Rapid Transit, River of Life, iconic places, pedestrian walkway, Greener KL as well as the sewerage and solid waste management projects.”
The allocation for these projects this year is about RM1.49bil.
Livable city: The launch of the Federal Territory celebration day at Dataran Merdeka yesterday. (Inset) Najib enjoying a walk at the KLCC-Bukit Bintang pedestrian walkway. — AHMAD IZZRAFIQ ALIAS / The Star
For Labuan, he said, the Government had set its development target based on three key elements, namely as an oil and gas trading centre, an international business and financial centre, and as a tourism destination.
As for Putrajaya, he said it would be a smart and green city.
“I'm very proud of Putrajaya because it is not only popular as an administrative centre but also known throughout the world as a tourism destination.” - Bernama
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