Felcra’s less viable land debts to be written off


Helping the people: Ahmad Zahid presenting Felcra’s contribution to Masjid Ar-Raudhah Lumadan chairman Subarjoe Duarsit at the Felcra Madani Santuni Rakyat @ Lumadan programme at Dataran Bagandang, Beaufort. Also present was Ahmad Jazlan (second from left). — Bernama

BEAUFORT: The debts for land development under Felcra Bhd’s Consolidation and Rehabilitation projects that are categorised as less viable should be written off in stages over a period of five years, says Datuk Seri Dr Ahmad Zahid Hamidi.

The Deputy Prime Minister, who is also the Rural and Regional Development Minister, said the implementation of the debt write-off would depend on Felcra’s financial position, which must remain stable.

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