Government owes Putrajaya Holdings RM75m rent

  • Nation
  • Tuesday, 05 Oct 2004

THE Government owes RM75mil in backlog rent to Putrajaya Holdings Bhd for office lots at the federal administrative capital. 

Finance Ministry parliamentary secretary Datuk Dr Hilmi Yahaya said, however, the Government would eventually own the buildings in 20 years. 

“The agreement (with Putrajaya Holdings) is for 20 years. After that it will become government buildings,” he said, when winding up the Budget 2005 at committee stage. 

Dr Hilmi said the rent was still competitive compared to the rent of other office lots around Kuala Lumpur and other cities.  

“It is only RM3 per square metre. In KL, it is much higher,” he replied to Datuk Kamarudin Jaffar (PAS - Tumpat). 

To another question raised by Kamarudin on late distribution of allocations to state Governments, he said such distribution was made twice a year. 

“For Kelantan, payment is made in June and December. In 2004, the first payment was RM61.4mil and the second will be RM79.4mil,” he added. 

He also said an allocation of RM138mil to Indah Water Konsortium Sdn Bhd (IWK) was needed to solve its cash flow problem as consumers refused to pay for IWK services. 

To a question from Datuk Yap Pian Hon (BN - Serdang) on tax exemption for Chinese cemeteries management associations, Hilmi said the Inland Revenue Board would study their applications.  

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Did you find this article insightful?


Next In Nation

Perlis to allow maximum capacity in mosques for obligatory prayers
Teenager killed as car rams into tree in Pasir Gudang
MMA: Utilise GPs to speed up Covid-19 vaccination programme
Sabah govt to continue with food basket programme, RM31.58mil allocated
Kedah MB's office to close from Jan 31-Feb 2 due to Covid-19 case in building
Ten slapped with fines in PD for violating MCO
Health Ministry: New high of 1,577 daily cases recorded in Selangor
Ismail Sabri: Residence management allowed to ask for Covid-19 test before allowing entry
Cop undergoing home quarantine succumbs to Covid-19
Kuching Water Board staff member tests positive for Covid-19

Stories You'll Enjoy