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Plantation companies seeking to renew land leases may have to return 20pct to govt

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Publish date: Mon, 02 Sep 2024, 09:35 AM

BAGAN DATUK: A proposal is being considered for plantation companies whose land leases with the government have expired to return 20 per cent of the land to the state government if they wish to renew the lease.

Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said the proposal is currently being thoroughly reviewed by the Bumiputera Economic Council (MEB) in collaboration with state governments and the federal territories before it is implemented.

As chairman of the MEB steering committee, Zahid said the proposal was part of the government's efforts to ensure that the returned land benefits the people.

"We are requesting that when the lease expires, typically given for 99 years during the British era, only 20 per cent of the estate land is returned if the lease is to be renewed.

"This 20 per cent will be returned to the state government, which can then develop it for the benefit of the people," he told reporters after attending the groundbreaking ceremony for a road upgrading project from Parit 1 to Parit 10 in Kampung Sungai Pergam here today.

Meanwhile, regarding the project in Kampung Sungai Pergam, Zahid, who is also the Bagan Datuk member of parliament, said the project to build and upgrade the Main Road from Parit 1 to Parit 10 was approved last year under the Third Rolling Plan of the 12th Malaysia Plan (12MP) with a construction cost of RM88 million.

The project involves upgrading a four-kilometre stretch of road and constructing a new 2.5km road, which will connect the main road in Kampung Sungai Pergam to the Federal Road FT69.

The project is expected to be completed by 2028.

Zahid, who is also rural and regional development minister, said the project will widen the road and shorten the travel time for Kampung Sungai Pergam residents to Bagan Datuk town.

For the project to upgrade the narrow bridge at Simpang Masjid Al-Quro', it will involve upgrading the existing road to a two-lane road over a distance of 114 metres and replacing the old bridge with a culvert, at a cost of RM2.9 million.

The bridge is located at a major intersection in Bagan Datuk town, connecting Kg. Pasang Api and nearby areas to the main route of Federal Road FT69.

 

https://www.nst.com.my/news/nation/2024/09/1099878/plantation-companies-seeking-renew-land-leases-may-have-return-20pct

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