Paramount urges govt to help expedite property project approvals


Paramount Corp group chief executive officer Jeffrey Chew.

KUALA LUMPUR: Property developer Paramount Corporation Bhd (Paramount) would like the government to continue taking a balanced approach to support property sector growth, especially in expediting project approvals.

Group chief executive officer Jeffrey Chew Sun Teong said in a Budget 2025 wishlist response that project delays would significantly increase costs while benefitting banks through accrued interest.

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