Open tender for state land proposed

All state land should be sold via an open tender system in order to promote greater transparency, said FIABCI (International Real Estate Federation) Malaysian Chapter president Datuk Richard Fong.

He said there should be an open tender for the award of privatisation projects and a stop to the alienation of state land in order to curb corruption and nepotism.

“In Malaysia, after 50 years of independence, we are still alienating state land to friends,” said Fong, adding that there should be more transparency by the city and local councils.

He pointed out that the housing industry was plagued by difficulties in getting approvals for transfer of land title, development orders, buildings plans, and conversion of land titles which only led to corruption.

“Transfer of leasehold land may take two to three years but a middleman may come to offer his services and get it done in a few months,” said Fong, who was one of the panel speakers at the forum.

On the fight against corruption, Fong, who is also Glomac Bhd group executive vice-chairman, said there should be more accountability by policy makers by introducing proper guidelines and their enforcement.

He said there should also be leadership by example to ensure that citizens do things morally and ethically correct. - By The Edge Daily

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