2014年10月27日星期一

Perlis govt looking at ways to save Putra Palace

Perlis govt looking at ways to save Putra Palace

THE Perlis government is studying several options to sustain Putra Palace Hotel, a subsidiary of the State Economic Development Corporation, including privatising it.

Menteri Besar Datuk Seri Azlan Man said to date, a number of parties have shown keen interest in taking over the hotel management.

However, Azlan stressed that the government had yet to decide on the privatisation move and would consider other options to further develop the hotel and make it profitable again, after suffering losses for the past years.

“The state government has limited expertise and capability in running businesses such as the hospitality sector.

“We need more professionals and experts in the related field to manage the hotel and bring it back to black,” he said at a press conference recently.

Citing an example, he said the decision to privatise the state government-owned Institusi Pengajian Tinggi Islam Perlis (IPTIPs) had yielded positive results although there were sceptics in the early stage.

Having said so, Azlan pointed out that it was important for the state administration to evaluate the options wisely.

“We want to make sure there is balance participation and close cooperation between both the government and private sector.

“As I said previously, the private sector played an equally important role in the state economic development,” he said.

The second series of the 2013 Audit Report revealed that Putra Palace Hotel’s pre-tax losses had risen by 205.3 per cent from RM530,000 in 2011 to RM1.16 million in 2012.


A number of parties have shown keen interest in taking over the management of Hotel Putra Palace.

~News courtesy of New Straits Times~

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