By Wilfred Pilo
KUCHING, Nov 26: The Sarawak government has allocated a RM105 million to build 17 affordable housing projects in Kuching, Limbang, Miri, Betong, Mukah and Sarikei, using the Industrialised Building System (IBS) under the Sarawak Budget 2024 Strategic Thrust 11.
The aim is to combat poverty and enhance the people’s well-being, said Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg.
He revealed that RM122 million has been allocated to Mutiara Mortgage and Credit Sdn Bhd to address end-financing issues affecting B40 and M40 homebuyers, out of which a total of about RM84 million has been approved, as of August 2023, and RM54 million, disbursed.
“In keeping with climate change and the green agenda, focus has also been given to Urban Renewal Projects, whereby existing but underutilised neighbourhoods and, or buildings could be repurposed into dynamic, active, usable spaces.”
He highlighted this at the Sarawak Housing And Real Estate Developers’ Association (SHEDA) Annual Dinner And Excellence Awards 2023 at Borneo Convention Centre Kuching last night.
Abang Johari elaborated that this property rejuvenation exercise aims to support economic growth, reduce the cost of living and increase the well-being of occupants and communities.
He also highlighted that RM601 million has been approved for 16 urban renewal projects under the 12th Malaysia Plan.
Among those at the event were Abang Johari’s wife Datin Sri Datuk Amar Juma’ani Tun Tuanku Bujang, Deputy Premier Datuk Amar Dr Sim Kui Hian, Deputy Minister of Public Health, Housing and Local Government Michael Tiang Ming Tee, Sarawak Financial Secretary Dato Sri Wan Lizozman Wan Omar, SHEDA president Augustine CH Wong, organising chairman of SHEDA Annual Dinner Dato Bobby Ting and SHEDA Excellence Awards 2023 Madam Chair-cum-SHEDA Secretary-General Angie Kueh. — DayakDaily
