Category FAQs Search : Housing Development in Malaysia/Sarawak
Question: Rules Affecting the Land Development Process in Malaysia – A Review on Regulation of Environmental Impact Assessment (EIA)
Answer: In the land development process, related written and unwritten rules on land and
property may initiate or constrain agents’ decision to undertake land development.
This paper examines the existence of formal and informal rules within the
economic and legal frameworks affecting the land development decisions with
special reference to the need for an environmental law and its implication. Using
an institutional economics analysis, it shows the way in which these rules affect
land development decisions and, thus, restrict or initiate the smooth flow of the
land development process. Besides positive effect of controlling, planning and
environmental requirements may lengthen the duration of the land development
process. The requirements to submit EIA report to authorities for controlling and
monitoring purposes may affect the development period and lengthen the land
development process. This shows that written and unwritten rules may control as
well as encourage the land development process. Therefore, public education on
environmental hazards has to be aggressive enough to establish a genuine agenda
of sustainable development with a fusion of idealism and pragmatism for the
people.
(Source: , 20 Sep 2021)
Source Link: http://prres.net/Papers/Omar_Rules_affecting_the_land_development_process_in_malaysia.pdf