Sarawak wooing SG investors Print
Friday, 09 January 2009 19:07

Sarawak will go on a roadshow in Singapore this year to promote Malaysia My Second Home (MM2H) programme, according to The Star Online.

Sarawak´ state housing minister, Datuk Amar Abang Johari Tun Openg, said the state had built houses worth over RM300,000 each for the ownership of foreigners.

"We will encourage Singaporeans to own houses here. This will also help to promote the state´s tourism and stimulate its economic growth," he was reported as saying at the ministry´s media appreciation dinner at Grand Margherita Hotel recently.

As part of its plan, the ministry will work together with the Sarawak Housing and Real Estate Developers Association for the roadshow.

Johari told The Star Online that the state would try to attract Singaporean companies to build houses meant for foreigners here.

He said with more airlines, like Tiger Air, serving the Singapore-Kuching route, this would make Sarawak more attractive to investors and visitors.

Johari said the state-owned Housing Development Corporation would implement several affordable housing projects which had been approved by the State Planning Authority.

He said the proposed projects would comprise more than 4,000 units of houses worth below RM200,000 each with 1,100 units to be completed by 2009.



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