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Unproductive assets by the millions!!!

 

2019-02-27_10-46-53

Which company or industry would be excited to sink in millions of dollar on this asset?

What are you going to use the thousands of sq feet for?

With the government’s attitude and action towards foreign labour, what will happen to the owners and landlords of industrial, residential and dormitory properties?

Many of these assets would be unutilised or under utilised.

Back in the good old days, the govt would back ventures that would contribute to the economic growth rate by allowing thousands of foreign workers to come in.

For those who have been in the know long enough, we witnessed intake of 120,000 foreign workers per annum ie. about 10,000 per month!!!

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