Sunday, January 18, 2015

UDA Holdings chairman Datuk Johari Abdul Ghani outlines own version of inclusive growth strategy into government

Over the last 50 years, global economic growth was exceptionally rapid. The world economy expanded sixfold. Average per-capita income almost tripled. Hundreds of millions of people are no longer poor. Yet, unless we dramatically improve productivity, the next half century will look different. The rapid expansion of the last 50 years will be seen as an aberration of history.… The problem is, slower population growth and longer life expectancy are limiting growth in the working-age population.

 Datuk Johari UMNO supreme council member said flurry of activity on the economic policy front . Just when many were beginning to get worried about the government’s slow pace of action, the lack of ‘movement on the ground’, as many businessmen would put it, about UMNO’s political distractions and the growing sectarian rhetoric, and Najib was being taunted with the jibe that he is ‘all talk and no walk’, the Prime Minister has injected new purpose into his government  version of a strategy for ‘inclusive growth’. It was assumed that a paralysed bureaucracy would somehow stand up and run, and all that the Prime Minister had to do was to deliver inspiring speeches and urge them to act.Finally,This risk-averse political strategy is something like former Prime Minister Dr Mahathir Mohamad’s view that one’s work should speak for itself, there is no point advertising and claiming credit. Given that Prime Minister Modi was never shy of trumpeting his achievements, silence on the part of various ministers was seen more as continuing policy paralysis, rather than political shyness.
 No more excuse that implementing  system is "very hard" and would "take time".
Datuk Johari ’s mantra ‘minimum government and maximum governance’ requires a CEO-like approach to administration with stress on the evaluation process is based on the key principles of value for money and open and effective competition. to reach out to the masses. Can corporate CEO’s converge with his vision? His simple and short answer is to bring in as many people with integrity, sense of national responsibility and accountability into the government.the system also weeded out the “rentiers” from the real contractors who could deliver on an order or who could complete a project a hypothesis suggested by some in the government is that the various ministries of the government were, in fact, doing a lot, but none of the ministers was able to summon up the courage to advertise their good work for fear of being dubbed as publicity-seekers.

UDA Holdings chairman Datuk Johari Abdul Ghani said BB Plaza is expected make way for a 60-storey luxury condominium the redevelopment would be incorporated  with an underground MRT station.The redevelopment of Bukit Bintang Plaza (BB Plaza), here, will comprise a 60-storey luxury condominium atop a three-level mall, which will generate around RM3 billion in gross development value.
The redevelopment will be incorporated with an underground mass rapid transit (MRT) station that is currently under construction, said UDA Holdings chairman Datuk Johari Abdul Ghani.
A joint-venture company, set up by UDA Holdings and Tan Sri Syed Mokhtar Albukhary-controlled Tradewinds (M) Bhd, is undertaking the redevelopment work.
Johari said Mohamed Ali Alabbar, who is the chairman of Tradewinds International Sdn Bhd and Dubai-based Emaar group, the Middle East’s premier property developer, will head the joint venture.
Mohamed Ali Alabbar is the man behind prodigious projects such as the Burj Khalifa, the world’s tallest building, and The Dubai Mall, the world’s largest shopping and entertainment destination.
He has played a pivotal role in positioning Dubai as the world-class city.
“We will capitalise on his experience and how he has developed downtown Dubai. We must bring in experts... we can’t employ them, but we can bring them in as our partners to sell the products,” Johari said in an interview recently.
The iconic BB Plaza, which has been a vital asset for UDA Holdings for more than three decades, is being redeveloped to make way for the MRT station and to blend in with the transformation of Jalan Bukit Bintang.
Jalan Bukit Bintang is bracing itself for a major transformation where many of its aging buildings are revamping their looks to attract new investors and tenants.The 37-year-old Sungai Wang Plaza, Yayasan Selangor building, the Lot 10 shopping centre and the Plaza Low Yat, have either started or are in the midst of planning a refurbishment.
The Yayasan Selangor building, which is currently vacant, will be transformed into a boutique hotel and linked to the MRT station.Johari said works to demolish the 35-storey BB Plaza are expected to commence by the middle of next year.“There are still tenants operating in the mall. Once we are ableto negotiate with all of them to move out and also when the building plans are approved, we will demolish the structure,” he said
Najib was being politically risk-averse knowing full well that he needed to consolidate his power base before sallying forth into potentially controversial policy territory. He needed to establish that the May 2013 victory was not a flash in the pan, that he could, in fact, ‘liberate’ Malaysia and that he could gain control over his own party.For any — or all of — these reasons, Najib's government appeared to be going astray. Matters came to a head when UMNO hotheads began breathing life into dormant ghosts and it appeared Najib was losing control over his own flock. Whatever the provocation, it is good that the Prime Minister has finally outlined his economic policy priorities and his government’s medium-term strategy
Dreams rarely die gracefully; there is little that is cinematic about the gradual throttling of a cherished ideal. It is usually a depressing, messy affair that marries inevitability with horribleness, and is thus best given as little attention as possible. In the case of  Datuk Johari Abdul Ghani, , however, this is not very easy to do. For in what it set out to do, it imagined a radical new way of practising politics in UMNO, something deemed impossible otherwise. Also, it is possible that the UMNO finds a way to be re-born, albeit with a vastly altered script than what it visualised for itself a few months ago.Perhaps it is time for the party to introspect and go back to its core purpose which was of representing the disillusionment of the people with the political establishment.Many analyses have been offered for the party’s fall from grace, and the party faces no scarcity of critics, including voices that were once part of it. It is quite clear that the party overreached itself by placing big bets on the national elections. It behaved like a political party and has lost like one, whereas as a political movement it could have only won. Had it been true to its professed goal of transforming politics rather than winning elections by contesting only those seats where some matter of principle was involved, it could have made a meaningful statement.




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