Kg Baru landowners can receive up to RM4 million each

KUALA LUMPUR, Sun: Land owners in Kampung Baru can become millionaires as they stand to receive up to RM4 million each upon accepting the re-development concept plan proposed by the government.
Federal Territories and Urban Well-Being Minister Datuk Raja Nong Chik Raja Zainal Abidin said such payment was possible because the value of the 80 hectares of land (200 acres) was worth RM20 billion.

"Every land owner can become a millionaire if they accept the plan. It is up to them though. But if they fall prey to people who try to undermine them, then from my experience, it will be like the Kampung Kerinchi issue whereby the was stalled," he told reporters after opening the Malaysia Inter-Varsity Debate Minister of Higher Education Cup here today.

Raja Nong Chik advised land owners and residents in Kampung Baru to accept the government''s proposal because it can benefit them.

Yesterday, Prime Minister Datuk Seri Najib Tun Razak announced that a trust would be set up to implement the Kampung Baru re-development plan and gave assurance that the rights of owners, the unique Malay identity and cultural legacy of the area would be retained and residents would not have to move out.

They (land owners) would also have the right to decided the form of development in their area.

Raja Nong Chik said he would prepare a working paper on the re-development plan and proposal for submission to the Cabinet and once given the approval, would hold a dialogue with the people of Kampung Baru.

"During the dialogue, they can give us their feedback and we will make the necessary changes accordingly," he said. -- BERNAMA

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