Malaysia Property Inc to kick off in October

THE soon to be launched Malaysia Property Incorporated (MPI), a joint public-private sector initiative to promote Malaysia's real estate internationally, will see the country getting into the limelight as a global property haven.

Promotional programmes that include road shows and conferences in the target markets of Britain, Japan and the Middle East have been drawn up and should take off later this year.

The Government has recently given the go-ahead for FIABCI Malaysia and Real Estate and Housing Developers Association (Rehda) to promote the country's real estate to foreign investors under the MPI umbrella.

Scheduled to kick off by October, the MPI will start off with a grant of RM25mil provided by the Economic Planning Unit (EPU). To read more, click here.

By ANGIE NG
Monday July 21, 2008