Answer for Written Question PT059
QUESTION
Yang Berhormat Pehin Orang Kaya Indera Pahlawan Dato Seri Setia Awang Haji Suyoi bin Haji Osman
YANG BERHORMAT PEHIN ORANG KAYA INDERA PAHLAWAN DATO SERI SETIA AWANG HAJI SUYOI BIN HAJI OSMAN asks Yang Berhormat Menteri Pembangunan to state the progress in considering new financing methods for the National Housing Scheme such as PPP? If there is still none, will the Ministry be able to continue the construction of houses under the National Housing Scheme and the Indigenous Citizens Housing Scheme given that the list of applicants is growing.
ANSWER
Yang Berhormat Menteri Pembangunan
The Ministry of Development together with the Brunei Economic Development Board (BEDB) is currently exploring possible methods for housing delivery through alternative allocations or financing such as Private Public Partnership.
The Housing Development Department has already held a dialogue session with the banking sector in the first quarter of 2025 with the aim of obtaining input from the banks regarding housing loan financing such as loan structure, interest rates and loans. God willing, in the third quarter of this year, the dialogue session will continue with local developers.
The Ministry will also continue to explore other methods that are considered capable of helping to accelerate the rate of provision of new houses without affecting the social objectives of the National Housing Scheme.
Yang Berhormat Yang Di-Pertua. That is all the answer that Kaola is able to convey in answering the question from Yang Berhormat Pehin Orang Kaya Indera Pahlawan Dato Seri Setia Haji Awang Suyoi bin Haji Osman.
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