KUALA LUMPUR, July 5 — The Local Government Development Ministry (KPKT) has identified 534 areas in Peninsular Malaysia for urban redevelopment, with an estimated gross development value of RM355.3 billion.
Minister Nga Kor Ming said the proposed redevelopment would encompass seven aspects: legal provision, public-private partnerships, capacity building and knowledge sharing, community engagement and inclusivity, sustainable and resilient design, technology adoption and innovation, and transparency and accountability.
“In the most extreme cases, older parts of the city are abandoned, unhealthy and no longer sustainable. Yet, there is culturally and historically significant architecture worth preserving.
“This is an important first step towards regenerating the parts of our urban fabric that are left behind,” he said in a statement today.
Nga said the KPKT will propose an urban redevelopment bill, to be tabled in Parliament by the first quarter of next year, to govern urban renewal and redevelopment activities.
“The bill aims to restore the vibrancy and attractiveness of old areas, provide affordable living spaces, enhance public facilities and revitalise architecture of national significance.
“The highest guiding principle to enact the law is always the people’s well-being, and nothing is more important than humanity, in line with Madani aspirations,” he said.
— Bernama
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