Malaysian offer for building 8,400 flats gets cabinet body nod

The Cabinet Economic Affairs Committee on Sunday ‘in principle’ approved an offer of the Malaysian government to construct 8,400 residential flats for Rajdhani Unnayan Kartripakkha (Rajuk), the capital development authority. The committee at a meeting with Finance Minister AMA Muhith in the chair approved the proposal with some recommendations. This was stated by Cabinet Division's joint secretary Mustafizur Rahman while briefing newsmen about the proceedings of the meeting. He, however, did not give any details of the recommendations. The Malaysian government has offered to construct the flats under a government-to-government (G-to-G) agreement on design-build-transfer (DBT) basis, according to a news agency.