Urban Regeneration Corporation To Be Set Up

Urban Regeneration Corporation To Be Set Up

KUALA LUMPUR, March 25 (Bernama) — The urban well-being, housing and local government ministry will establish a new corporation dedicated to urban regeneration.

Minister, Datuk Abdul Rahman Dahlan said the corporation would focus on re-branding of old housing estates in the city to be developed as affordable ones.

He said the ministry held discussions with various agencies and would take the matter to the National Housing Council meeting chaired by Prime Minister Datuk Seri Najib Tun Razak.

“Currently, we do not have a unit or agency responsible for urban regeneration. Hopefully, this year the corporation can be set up,” he added.

Abdul Rahman said this when winding-up the debate on his ministry on a motion of thanks on the Royal Address by the Yang di-Pertuan Agong at the Dewan Rakyat here today.

— BERNAMA

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