Malaysian government wants to attract the Indian investors to invest in Malaysian realty sector. Places like George Town and Kuala Lumpur have never been on the list of the Indian realty investors and to change this Malaysian government is taking up all measures. A non-profit organisation which was set up by the Economy planning Unit of Malaysia, MPI (Malaysian property Inc) is trying their best to reach to the continents. To fulfil their objective they organised road shows in three cities in the starting of this month. The aim behind this initiative is to bring 5 billion Indian investments in Malaysia’s realty sector.
The chief executive of MPI, Mr. Kumar Tharmalingam said in an interview that they need large number of Indian investors to invest in Malaysian real estate as they have infrastructure and housing facility available in their country. He also said that they have more housing and infrastructure then the population, say for 28 million people they have 48 million infrastructures. There are around 16 million Malaysian who can live comfortably in their own house. According to the Indian overseas affair ministry there are 2 million residents in Malaysia who are of Indian origin. This can be the key factor for attracting more number of investors.
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