KUALA LUMPUR: Paramount Corp Bhd hopes the government can expedite development approvals to support the recovery of the property market and the whole economy.
Group chief executive officer Jeffrey Chew said the property developer was concerned over its ability to launch new projects and support the market's demand due to delays in approvals.
"I hope the government recognises the need to help developers to accelerate the process of approvals from all the different authority levels," he said during a press briefing on the group’s financial year 2020 results on Wednesday.
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