Proposal for plantation companies to return 20 % of lease land still under review

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Bernama News

Business Business Latest News,Business Business Headlines

PUTRAJAYA: The proposal requiring plantation companies with expired land leases to return 20 per cent of their land to the state government for lease ...

: The proposal requiring plantation companies with expired land leases to return 20 per cent of their land to the state government for lease renewal is still under review, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

He said that the proposal needs to first seek input from the state governments, and specifically applies to plantation land. “It should obtain the views of the state governments because land-related powers are under the jurisdiction of the state governments,“ he told the media after attending the Conference on ASIA Road Safety 2024, here, today.

He clarified this in response to his proposal made yesterday, which stipulates that plantation companies with expired leases would need to return 20 per cent of their land to the state government, to renew their leases. Ahmad Zahid, who is also the chairman of the Bumiputera Economic Council steering committee, emphasised that the proposal was part of the government’s efforts to ensure that the returned land benefits the people.Mahkamah ketepi pembebasan lelaki OKU, perintah bela diri tuduhan bunuh empat sekeluarga3.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines