KUALA LUMPUR: The Ministry of Entrepreneurs and Co-operative Development (MeCD) is setting up a unit to purchase and lease lots in shopping complexes to be rented to entrepreneurs, said its minister Datuk Seri Mohamed Khaled Nordin. To be placed under the purview of the Urban Development Authority (UDA), the ministry’s Premise Development Unit will be allocated RM20 million to rent or purchase lots in shopping complexes throughout Malaysia.
(01-01-2008 The Edge)
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