KUALA LUMPUR (Bernama): The government welcomes developers wanting to carry out redevelopment of Public Housing (PA) or People's Housing Projects (PPR) in the federal capital.
Federal Territories Minister Khalid Abdul Samad said such projects could ensure sustainable development, thus improving the standard of living of city folks.
"The government welcomes developers to implement such projects and is prepared to help, ” he said in his speech at a programme at PA Seri Negeri Sembilan here Saturday (Sept 28).
Also present were Batu MP P. Prabakaran and Skyworld Development Group (Skyworld) founder and managing director Datuk Ng Thien Phing.
Khalid said a memorandum of understanding had been signed between Skyworld subsidiary Medan Srijuta Sdn Bhd and the PA Seri Negeri Sembilan Residents' Association for redevelopment of the housing area.
The project involves 800 units at PA Seri Negeri Sembilan, which will be relocated to a new site, to make way for a commercial development project. - Bernama