ISKANDAR PUTERI, Sept 4 — Johor Mentri Besar Datuk Osman Sapian today defended the mega-billion dollar Forest City project here today as a positive development to the state and national economy.
He said the state government has received RM600 million in land premium and other levies from Forest City developer, Country Garden Pacific View Sdn Bhd (CGPV).
“As the state government has shares in CGPV, it received RM30 million in dividends from the company, while the federal government received RM83 million in taxes, which includes RM13 million in corporate tax,” he told reporters at the Mentri Besar’s office in Kota Islandar here.
Created by savemalaysia | Jul 18, 2024
Created by savemalaysia | Jul 18, 2024
Created by savemalaysia | Jul 18, 2024
Created by savemalaysia | Jul 18, 2024
Created by savemalaysia | Jul 18, 2024
Created by savemalaysia | Jul 18, 2024
ks55
Tun M fails to see revenue generated for the state and federal govt form Forest City project.
As far as I know, buyers from mainland China have to source their loan from China, not from Malaysian banks.
Tun M not in favour of MM2H program?
More residential units sold, more quit rent and assessment for the state and local govt. Maintenance of public utility and road can provide more jobs for the local.
Don't be so short sighted. That is against Wawasan 2020 long term vision.
2018-09-04 14:34