Group wants Pahang MB to review increase in quit rent

  • Metro News
  • Tuesday, 21 Jan 2020

KUANTAN: Trade associations are up in arms over the increase in quit rent rates and are planning to take legal action against the state government.

The group formed an action committee, stating their stand that the increase was exorbitant, unreasonable and unfair.

“This increase will indirectly affect the business environment, weaken the price of land, raise production costs and cause inflation in Pahang.

“In the long run, the increase will slow down economic growth and weaken the state’s efforts to attract foreign investors,” the committee said in a statement.Among the bodies in the committee were Federation of Malaysian Manufacturers Eastern Branch, Pahang Foundry & Engineering Industries Association, Kuantan Chinese Chamber of Commerce and Industry, Kuantan Federation of Chinese Associations, Pahang Stationers and Booksellers Association and Pahang Motor & Credits Companies Association.

The committee said Pahang Mentri Besar Datuk Seri Wan Rosdy Wan Ismail could still rectify the situation before any negative impact was felt.

“We urge that appropriate action be taken immediately before uncertainty becomes apparent and public confidence in the state government is eroded.“If this appeal is rejected and after consulting with lawyers, we and the affected parties have to take legal action by filing a judicial review to restore economic competitiveness in Pahang and Kuantan as well as for the benefit of the people of Pahang,” said the committee.

Wan Rosdy had explained that the increase was done comprehensively involving industrial, agricultural, business and residential land in Pahang to ensure the rates were appropriate with the land valuation and current use. — By ONG HAN SEAN

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quit rent rates , Pahang


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