Menteri besar Amirudin Shari says it is necessary to ensure their development keeps pace with the growth in urban areas.
One of the issues faced in old urban areas like PJ Old Town is that the 99-year lease period will expire in a few years, says Selangor menteri besar Amirudin Shari.
Menteri besar Amirudin Shari said the rejuvenation process is necessary to ensure that the development of such areas keeps pace with developments in surrounding new urban areas. “However, its implementation requires financial support from the federal government, in addition to approval and permission from land owners,” he said at the Selangor-level Budget 2024 roadshow attended by deputy finance minister Steven Sim.
If the process of rejuvenating these old urban areas is not done, he said, their economic value and potential will decrease in the future.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Budget 2024: Selangor hopes for old town rejuvenation fund injectionSHAH ALAM: The Selangor government is requesting an injection of funds from the federal government in the upcoming Budget 2024 to help the rejuvenatio...
Read more »
Belanjawan 2024: Selangor mohon dana rejuvenasi kawasan bandar lamaSHAH ALAM: Selangor memohon peruntukan dana daripada kerajaan Persekutuan pada Belanjawan 2024 yang dijadual dibentangkan pada 13 Okt ini, bagi memban...
Read more »
Wait for Budget 2024 tabling to learn Govt's plans to generate revenue, says AnwarKUALA LUMPUR: Wait for Budget 2024 to be tabled in October to find out measures the government will adopt to generate revenue for the country, says Prime Minister Datuk Seri Anwar Ibrahim.
Read more »
Anwar to present details on implementing targeted subsidies in Budget 2024KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim said details on the implementation of targeted subsidies will be presented during the upcoming second Madani Budget in Parliament next month.
Read more »
Anwar to present details on implementing targeted subsidies in Budget 2024KUALA LUMPUR, Sept 19 — Prime Minister Datuk Seri Anwar Ibrahim said details on the implementation of targeted subsidies will be presented during the upcoming second Madani...
Read more »
Cuepacs hoping for RM300 raise, bonus in Budget 2024The umbrella body for civil service unions says this will help civil servants cope with the rising cost of living and motivate them to serve better.
Read more »