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LKIM seeks RM100 mln special allocation for fishermen housing projects

The Fisheries Development Authority of Malaysia (LKIM) is seeking a special allocation of RM100 million from the government for fishermen housing projects next year.

Its director-general, Othman Abdul Latiff said this was an addition to the existing allocation of RM450 million for LKIM since 2012, to ensure the welfare of fishermen was being taken care of and their houses always in good condition.

“We are in the process of applying as we project the existing allocation will be used up entirely by the end of this year and we need this special allocation to help repair their houses or build new ones.”

He said this to reporters today at the handing-out of commission to participants of the marketing, group insurance and disaster assistance projects of the Kuantan area fishermen’s association, here, with Pahang LKIM director, Farah Shahada Zakaria also present.

Othman said: “Through the housing projects, fishermen who own a plot of land could apply to build a new house at a cost of RM56,000 while for repairs, LKIM provides funding of up to RM13,000 for one house.

“Since 2012, we have built almost 5,000 houses and repaired about 100,000, using the existing allocation. If the special allocation is granted, more fishermen will benefit from it.”

Source: BERNAMA News Agency

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Trading

LKIM seeks RM100 mln special allocation for fishermen housing projects

The Fisheries Development Authority of Malaysia (LKIM) is seeking a special allocation of RM100 million from the government for fishermen housing projects next year.

Its director-general, Othman Abdul Latiff said this was an addition to the existing allocation of RM450 million for LKIM since 2012, to ensure the welfare of fishermen was being taken care of and their houses always in good condition.

“We are in the process of applying as we project the existing allocation will be used up entirely by the end of this year and we need this special allocation to help repair their houses or build new ones.”

He said this to reporters today at the handing-out of commission to participants of the marketing, group insurance and disaster assistance projects of the Kuantan area fishermen’s association, here, with Pahang LKIM director, Farah Shahada Zakaria also present.

Othman said: “Through the housing projects, fishermen who own a plot of land could apply to build a new house at a cost of RM56,000 while for repairs, LKIM provides funding of up to RM13,000 for one house.

“Since 2012, we have built almost 5,000 houses and repaired about 100,000, using the existing allocation. If the special allocation is granted, more fishermen will benefit from it.”

Source: BERNAMA News Agency

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KLCI futures close easier

KUALA LUMPUR The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract (FKLI) on Bursa Malaysia Derivatives closed easier today in sync with the subdued underlying cash market performance.At the close, spot month February 2021 eased 12.0 points to 1,579…

Sajat pleads not guilty to dressing up as woman

Cosmetic entrepreneur Muhammad Sajjad Kamaruz Zaman or better known as Nur Sajat has been charged in the Shah Alam Syariah High Court with dressing as a woman at a religious event, which has brought Islam into contempt, three years ago.In the proceedin…

Trading

LKIM seeks RM100 mln special allocation for fishermen housing projects

The Fisheries Development Authority of Malaysia (LKIM) is seeking a special allocation of RM100 million from the government for fishermen housing projects next year.

Its director-general, Othman Abdul Latiff said this was an addition to the existing allocation of RM450 million for LKIM since 2012, to ensure the welfare of fishermen was being taken care of and their houses always in good condition.

“We are in the process of applying as we project the existing allocation will be used up entirely by the end of this year and we need this special allocation to help repair their houses or build new ones.”

He said this to reporters today at the handing-out of commission to participants of the marketing, group insurance and disaster assistance projects of the Kuantan area fishermen’s association, here, with Pahang LKIM director, Farah Shahada Zakaria also present.

Othman said: “Through the housing projects, fishermen who own a plot of land could apply to build a new house at a cost of RM56,000 while for repairs, LKIM provides funding of up to RM13,000 for one house.

“Since 2012, we have built almost 5,000 houses and repaired about 100,000, using the existing allocation. If the special allocation is granted, more fishermen will benefit from it.”

Source: BERNAMA News Agency

Latest News

KLCI futures close easier

KUALA LUMPUR The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract (FKLI) on Bursa Malaysia Derivatives closed easier today in sync with the subdued underlying cash market performance.At the close, spot month February 2021 eased 12.0 points to 1,579…

Sajat pleads not guilty to dressing up as woman

Cosmetic entrepreneur Muhammad Sajjad Kamaruz Zaman or better known as Nur Sajat has been charged in the Shah Alam Syariah High Court with dressing as a woman at a religious event, which has brought Islam into contempt, three years ago.In the proceedin…