Weekly Industry News

PRIMA could be dissolved

Weekly Industry News

THE 1Malaysia People’s Housing (PR1MA) scheme is facing the possibility of being dissolved in light of its impending due diligence report that is expected to be completed within two months.

Housing and Local Government Minister Zuraida Kamaruddin said PR1MA, which has been moved into her portfolio and supervised by the National Affordable Housing Council (NAHC), is currently “cleaning up” its outstanding projects.

She said any decision on the fate of the “ill-managed agency” will be based on the findings of the due diligence report.

Zuraida also did not discount the possibility of PR1MA being abolished.

MediaTitle: The Malaysian Reserve

Date: 30 Apr 2019

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