Tuesday, October 19, 2010

Dr M: 100-storey tower big on economic benefits

Tue, Oct 19, 2010
New Straits Times  

KUALA LUMPUR - Former prime abbot Tun Dr Mahathir Mohamad said he did not see annihilation amiss with the architecture of the 100-storey belfry at Warisan Merdeka, as proposed in the 2011 Budget.

In fact, he said it was acceptable to be spending money now.

"When you absorb this array of money, you actualize jobs and opportunities for businesses," he said afterwards aperture the all-embracing appointment on "The Creation of All-around Citizen: Media Liberalisation and The New Political Realities" here.

He was asked to animadversion on the the 2011 Account tabled at Parliament by Prime Abbot and Finance Abbot Datuk Seri Najib Razak aftermost Friday.

Reports likened the 2011 Account to a "Mahathir Budget" as it complex big spending by the government.

"I do not anticipate it looked like my budget. If anyone thinks that this is my affectionate of budget, it is wrong."

It was appear that Permodalan Nasional Bhd would spearhead the RM5 billion (S$2.1 billion) chip project, accepted to be accessible by 2020.

Earlier, in his accent to over 500 appointment participants, Dr Mahathir said although the abstraction of globalisation came from the developed world, it was up to the poorer countries to ensure that they were not larboard out from delivery their interpretations.

"Most account appear from them and we acquire that. But we should not consistently acquire interpretations of added people. Instead, we should acclimate and acquire our own."

In his 45-minute speech, Dr Mahathir affected on several all-around concerns, such as the mobilisation of animal capital, the non-existence of complete media abandon and the affectation of democratising absolute governments by developed nations. -NST

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