Perlis investment approval process to be restructured, shorter waiting times, says MB


KANGAR The approval process for investments in Perlis will be restructured to shorten the waiting period, which previously took between two and three months, says Abu Bakar Hamzah.

The Perlis Mentri Besar said the state government wants a decision to be made more quickly, either in granting approval or informing investors of their ineligibility.

"The selection of investors will be made carefully, with priority given to companies that have a strong financial position and clear strategic planning," he told reporters after delivering his New Year's message to Perlis civil servants at Dewan 2020 here Wednesday (Jan 7).

Abu Bakar said the state government will continue to practice investor-friendly and business-friendly policies, emphasising that investors and traders are strategic partners in the state's development.

Meanwhile, he said a more progressive, professional, and solution-oriented change in attitude and approach is needed across the entire state government machinery to boost Perlis' economic growth.

"We must get up, be quick and take action. The development of Perlis requires an efficient, fast, and integrated working machinery. The discipline of civil servants needs to be strengthened, including stopping the practice of going out for drinks outside office premises during working hours," he also said.

Meanwhile, Abu Bakar added that the state government had received an allocation of RM657.58 million for this year under the 13th Malaysia Plan (MP13). - Bernama

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