Higher yields for EPF from 9MP projects


PUTRAJAYA: The involvement of the Employees Provident Fund (EPF) and Kumpulan Wang Amanah Pencen (KWAP) in financing the RM15 billion projects under the Ninth Malaysia Plan (9MP) is expected to give a return of between 5.5 and 6.0% to its contributors. 

This is much better than the fixed deposit rate of between 3.0 and 3.25%, Second Finance Minister Tan Sri Nor Mohamed Yakcop told reporters after launching KPJ Healthcare Bhd's Islamic real estate investment trust (REIT), here yesterday.  

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