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Saturday, October 24, 2009

RM9bil set aside for construction sector

The construction industry has been given a shot in the arm with a RM9bil allocation next year to finance various infrastructure projects.

Of this, RM4.7bil will be allocated for road and bridge projects and RM2.6bil for water supply and sewerage services.

A provision of RM899mil has been made for rail facilities, RM820mil for ports and sea services and RM276mil for airport projects.

An allocation of RM2.3bil has been made to upgrade infrastructure in rural areas, including RM857mil to construct 510km of rural roads and 316km of village roads.

Among the roads to be constructed are in Kapit, Lawas and Simunjan in Sarawak, as well as Kinabatangan, Kota Belud and Keningau in Sabah.

An allocation of RM530mil will be made for water supply to 16,000 houses, RM825mil for electricity supply to 30,000 homes, and RM88mil to implement 5,356 social amenity projects such as rural clinics, community halls and public recreational areas.

Under its plans to develop Putrajaya and Cyberjaya into more lively and vibrant townships, efforts will be intensified to increase business, commercial and recreational activities there.

Among the projects to be implemented in Putrajaya are the construction of a hypermarket, international school, art gallery, museum, vehicle repair complex and recreational centre.

For Cyberjaya, the projects include affordable houses, hypermarket, business complex, parking lots, recreational centre, schools, and a more efficient public transport system.

The Government also plans to develop wakaf properties throughout the country for charitable purposes.

Initially, an allocation of RM20mil will be provided.

Under this initiative, Yayasan Waqaf Malaysia (YWM) will implement programmes that will focus on economic development, particularly small-scale high-impact projects, as well as education, social and welfare of Muslims.

The main focus of YWM is to eradicate hardcore poverty as well as enhance the socio-economic status of Muslims.

Projects planned include the construction of wakaf rakyat shops at selected mosques and small business bazaars for the public, including the asnaf.

By The Star

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