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clock 25-02-2021
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Sarawak Developers Want ‘Clear and Transparent Covid-19 Exit Plan’

As immunities are beginning to roll out in Malaysia, property developers in Sarawak are calling out to the Federal government to develop a “clear and transparent exit plan or road map”, reports FMT news. 

“We already have the vaccines, so what we [businesses] need now is a clear and transparent exit plan or road map.

“Otherwise, it will be difficult for any investor or business to do much,” Sarawak Housing and Real Estate Developers’ Association vice-president, Sim Kiang Chiok, was reported by the news portal as saying in a statement.

Sim said that the association hopes that Malaysia’s borders can be reopened in the third quarter of the year if herd immunity can be reached by then.

According to the Johns Hopkins Bloomberg School of Public Health, herd immunity is achieved when most of a population is immune to an infectious disease, and this provides indirect protection, or herd immunity (also called herd protection), to those who are not immune to the disease.

Sim also urged the government to continue assisting businesses through the extension of wage subsidies and automatic loan moratoriums.

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