APs may be abolished, says Mukhriz
JOHOR BARU, April 26 – The government is looking at doing away with the system of Approved Permits for the import of vehicles, Deputy Minister of International Trade and Industry Datuk Mukhriz said here today.
The latest rethink on the controversial permits may have been prompted by a request from the Kuala Lumpur and Selangor Car Dealers and Credit Companies Association to open up the AP scheme to everyone, or set aside 30% for Bumiputras and sell the rest by open auction.
Mukhriz stressed that the main consideration of the review would be that “any levy or tax should benefit the Government, and cost savings, if any, should go to the people.”
While the ministry was giving high priority to finding a solution to the long-standing issue, abolition of APs was not the only option on the table as there were many other ways to solve the problems, Mukhriz told reporters after launching the Bumiputra Entrepreneurs Symposium held in conjunction with the Unit Trust Week here on Sunday.
Mukhriz gave his assurance that the ministry would come up with a solution that would be amenable to all parties.
“The AP issue is high on the ministry’s agenda of deliberations to come up with a new mechanism ... give us a bit more time before the minister makes a final decision.
“With the Cabinet approval, he will make the announcement,” he. – Bernama
JOHOR BARU, April 26 – The government is looking at doing away with the system of Approved Permits for the import of vehicles, Deputy Minister of International Trade and Industry Datuk Mukhriz said here today.
The latest rethink on the controversial permits may have been prompted by a request from the Kuala Lumpur and Selangor Car Dealers and Credit Companies Association to open up the AP scheme to everyone, or set aside 30% for Bumiputras and sell the rest by open auction.
Mukhriz stressed that the main consideration of the review would be that “any levy or tax should benefit the Government, and cost savings, if any, should go to the people.”
While the ministry was giving high priority to finding a solution to the long-standing issue, abolition of APs was not the only option on the table as there were many other ways to solve the problems, Mukhriz told reporters after launching the Bumiputra Entrepreneurs Symposium held in conjunction with the Unit Trust Week here on Sunday.
Mukhriz gave his assurance that the ministry would come up with a solution that would be amenable to all parties.
“The AP issue is high on the ministry’s agenda of deliberations to come up with a new mechanism ... give us a bit more time before the minister makes a final decision.
“With the Cabinet approval, he will make the announcement,” he. – Bernama
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