PETALING JAYA, November 27 – Kedah Menteri Besar, Sanusi Nor, has alleged that a concerted effort is underway to sabotage private sector investments in the state. He claimed that companies intending to invest in Kedah face undue pressures and restrictions, which ultimately force them to abandon projects.
Sanusi cited the withdrawal of Dubai-based conglomerate BZI Group from the RM40 billion Langkasuka land reclamation project in Langkawi as an example, but refrained from disclosing the specific pressures involved. He suggested that there is a “grand design” to undermine the success of private sector initiatives in Kedah.
Sanusi responded to questions in the state assembly regarding investor pullbacks, confirming that while the Langkasuka project faced setbacks, Kedah itself would not suffer losses. He explained that the private sector partnership, which included Widad Business Group, had already paid the land premium, and the first phase of the project, though progressing slowly, had commenced.
Despite the challenges, Sanusi emphasized that Kedah remains committed to fostering private sector participation in its development projects.
