Malaysia: The
Employees Provident Fund (EPF) has yet to decide whether to invest in the
Bandar Malaysia project, said its Chief Executive Officer, Datuk Shahril Ridza
Ridzuan.
"No one has approached us yet, and we have not seen any plans
for the development thus far," he told reporters after delivering his
closing remarks at the International Social Security Conference 2017 here
today.
Shahril was asked whether the retirement fund was open for any
joint-venture partnership on the mega property development project.
Meanwhile, Shahril said EPF would continue to invest in local
infrastructure projects as they came under its core investment segment.
"We have always been the biggest supporter of the
government's spending for infrastructure projects," he said, adding that
the retirement fund was the single largest lender for infrastructure projects
such as power plants, highways and the Mass Rapid Transit.
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