Revive 'sick' projects: Proposal to use guarantee fund submitted to MOF

The proposal to use the special guarantee fund announced in the recent Budget 2024 to restore sick or abandoned projects will be submitted to the Finance Ministry (MOF).

Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir said that among the points in the proposal was to use the fund for affordable housing projects under RM300,000 and for projects with at least 80 percent progress status...