PETALING JAYA: The Housing and Local Government Ministry has suggested that the price of diesel be reduced in the 2009 Budget to help the construction industry.
“We hope the Government can reduce the diesel price because diesel vehicles are commonly used in this industry, too,” said minister Datuk Seri Ong Ka Chuan.
He said that previously, diesel was heavily subsidised and road tax was higher for diesel vehicles.
“But since the subsidy for diesel vehicles have gone down a lot, the road tax for such vehicles should also be reduced to a level at par with petrol vehicles, if not lower,” he told a press conference after launching the 19th National Real Estate Convention 2008 here yesterday.
He also suggested that state governments allow developers to be flexible in carrying out the bumiputra quota requirement for their projects.
He said developers should enjoy the flexibility of either increasing or reducing the quota based on the population of the areas in which their projects are being built.
“If there is less demand from the bumiputras because of the low number of the population in a certain area, developers should be allowed to reduce the quota to less than 30% as required currently.
“For those who develop projects in areas where there is more demand from the bumiputra population, they should be able to increase the percentage of the quota,” he said.
adopted from The Star.
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