Monday, July 24, 2006

UDA - The New Malay Golden Goose?

UDA Holdings Bhd (UDA) that is being revived to boost the Malay economic pie in urban areas is to undergo changes to emerge as a more effective organisation. Deputy Prime Minister Datuk Seri Najib Tun Razak said the changes that possibly include some legal amendments had been agreed in principal. "We have made some decisions but the details are still being worked out and will be announced later," he said.

UDA is being revived through the initiative of Gabem, (Gagasan Badan Ekonomi Melayu Malaysia) established in June last year.

The details on UDA's revival would be made known by Prime Minister Datuk Seri Abdullah Ahmad Badawi soon. Najib also said another decision made was to develop Kampung Baru with a proposed development model. "I see that the model can be improved and can help overcome the Kampung Baru squatter problem providing that the land owners agreed to it.

Also present at today's function was Gabem Chairman Tan Sri Rahim Tamby Chik and its advisor Datuk Seri Mohamad Khir Toyo who is also the Selangor Menteri Besar.

Meanwhile, on Gabem's suggestion in helping the unemployed graduates who were mostly Malays, Najib said among the immediate steps to be taken by the government is to fill up immediately the 30,000 vacancies in civil service.

He said Gabem's proposal to extend its network to the state level was welcomed as it could gather views from the states and implement its programmes there as well. However, he said is was not time yet for Gabem to venture into the districts.

**** It is worrying when I see that the ones behind this Gabem are Rahim Tamby Chik and Khir Toyo, two of the not so exactly very honest people in Malaysia. I wouldn't say that they are totally dishonest but still......

Actually I've expressed my misgivings about UDA in one of my earlier posts. Please refer to it: Buying Over Of UDA Holdings Bhd - Is It A Wise Move Khazanah Nasional Bhd?

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