Monday, March 12, 2012

Plans to sell Bukit Cahaya Alam (BCA)?


The initial idea by the state government was to sell 100 acres (40.5 ha) out of 1,295 Ha of the park area to raise RM 100 million and put into a trust fund to manage the park. My questions would be
  1. From the article, I presumed that BCA is not making  and losing money.
  2. If they plans to sell the 100 acres land, it would be either for housing development or logging operation, yet its doubtful to be able to raise up to rm 100 million for just logging operation, hence housing development sounds like a better option.
  3. Leasing the forest to the federal government, questionable. Over the period of 26 years, only 236 million was spent on BCA entire park, means less that a million ringgit per year was allocated to develop the entire park. And in 2006, the federal government has in mind to lease the entire BCA park for 60 years and gazetted it as Forest Reserve. And also, had allocated RM 116 million ringgit from 2010 to 2014 (5 years) to develop the park. Say, if the allocated RM 116 million ringgit has been materialize, means about RM 46.4 million for year 2010 and 2011 has been used to developed the park. Hmm, if there was that much of money being channel into the BCA park, why is it still losing money?
Just a thought. Need more information ...

No comments: