00:00Now, the new ministerial committee has passed the renaming of PPR,
00:15which is the People's Housing Programme,
00:17to PRA, the People's Residency Programme,
00:25where various steps of improvement,
00:29more natural and conducive features will be introduced,
00:38under the new concept of PRA,
00:43where we will continue to provide funding.
00:47Even this year alone,
00:50KPKT has allocated almost RM1 billion
00:55for public housing projects,
00:58including PPR, Prima, SPMB.
01:04The PRA programme has just been approved by the Cabinet this week.
01:08So, fresh from the oven.
01:10So, I bring to you,
01:11this is the first place that we announced,
01:14where PRA, we actually have done a comparative study
01:19with other developed nations,
01:21where our benchmark is not less than HDP Singapore.
01:27We have studied the model of Australia,
01:29Japan, Korea and other countries.
01:32So, we believe that it will be a new concept,
01:35where PRA with higher quality,
01:40but the price is still very, very reasonable.
01:44So, we will announce it at the right time.
01:47Where is the first location?
01:51The first location, I expect,
01:55will start from the south,
01:57which is Johor province.
01:59Most likely, Lakhin.
02:02Year 2025?
02:04Year 2025.
02:06Malaysia's management as an Asian manager.
02:10Under the old concept, which is PPR,
02:13Public Housing Programme.
02:16The largest number in Sabah.
02:20Sabah has 39 PPR projects.
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