Jiangsu Provincial Construction Group Co Ltd chairman Chen Zhenhua said they could deliver the one million units faster than the stipulated 10-year timeframe if the land banks were available.
He said this after the launching of the first batch of 100,000 affordable units to be built by JPC in collaboration with Koperasi Alumni MKM Kuala Lumpur Bhd and Kava Resources Sdn Bhd at a hotel here on Saturday . Jiangsu province vice governor Fei Gaoyun said Melaka had long historical ties with China and would be the first venue for the affordable home scheme under the"tripartite" smart partnership agreement.
"We will only offer the financing scheme to members. We hope to increase our membership from the current 4,000 to one million, and it is worth becoming a member, because we do not charge compounded interest on loans," he said.
There goes malaysian construction market losing out to china.
sure it will be at flooding area with narrow rooms n other corners..
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:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China-based construction firm to build affordable homes in MalaysiaKUALA LUMPUR: A China-based construction giant has teamed up with a Malaysian company and a co-operative to build one million affordable homes for Malaysians at prices ranging from RM40,000 to RM300,000. this is bullshit. Malaysian company cannot do this? If china is financing it too, it means we will end up working for China. Which is exactly what China wants and is actively doing all over the world. Halal or not? Habislah ,vastu, kiblat...
Source: staronline - 🏆 4. / 75 Read more »
China sedia bantu Malaysia lumpuh sindiket penipuan atas talian, kata dutaRabu lepas Jabatan Imigresen menumpaskan sindiket penipuan atas talian yang berpusat di China dengan menahan 680 warga negara itu di Cyberjaya. FMTNews Scammer What Malaysia should do is to send these Communist China criminals ‘back’ to Taiwan, and send any Taiwanese criminals ‘back’ to China. By ‘mistakes’, of course. Guarantee no more China or Taiwan phone scam criminals in Malaysia.
Source: fmtoday - 🏆 5. / 72 Read more »
China sedia bantu Malaysia banteras sindiket pelaburan haram | The Malaysian InsightDuta Besar China ke Malaysia hari ini berkata warganya yang melakukan jenayah di negara ini harus dihukum mengikut undang-undang tempatan.
Source: msianinsight - 🏆 8. / 63 Read more »
US warships sail in disputed South China Sea amid tensionsThe US Navy regularly conducts what it calls “freedom of navigation” operations by ships close to some of the islands China occupies.
Source: malaysiakini - 🏆 20. / 51 Read more »
China striving for a ‘phase one’ dealBEIJING: China will strive to reach a “phase one” trade agreement with the United States as both sides keep communication channels open, the Chinese commerce ministry said, in an attempt to allay fears talks might be unravelling.
Source: staronline - 🏆 4. / 75 Read more »
China ready to ‘fight back’ after US approves HK legislationBeijing: China warned that it was ready to take measures to “resolutely fight back” after the US Congress approved legislation supporting pro-democracy protesters in Hong Kong. US approval? Busybody US as usual Solve your own issues on home tuft before telling others to do same..
Source: staronline - 🏆 4. / 75 Read more »