MELAKA, Nov 8 —Kota Laksamana has the potential to become the new state capital of Melaka due to rapid development that can catalyse economic growth and transform the state's landscape, says Melaka Chief Minister Datuk Seri Ab Rauf Yusoh.
He said the state government has formulated a five-year development plan for the area and will work alongside the private sector to realise that potential.
"The plans are in place, but we have yet to integrate them because these concessions were awarded to private companies undertaking projects under the Private Finance Initiative (PFI). This is beyond our control as they have acquired the land.
"However, the state government will coordinate with the private sector, provide necessary support and reduce bureaucracy to accelerate economic activity in Kota Laksamana," he told reporters when met at Jalan Hang Tuah here today.
