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Foreign-owned world heritage in Penang?

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Even a foreign owner could get the free grant from Think City [The funds is managed by Finance Ministry] to renovate a restaurant.

Limit foreigners to buy properties in world heritage before we losing local elements and culture like Lijiang in Yunnan flaunting with Western bars and restaurants.

BN and PR should not pointing finger to each other, they should sit down to formulate a heritage assets policy before Georgetown is turned into Singapore PVT LTD heritage zone.

No control of foreign ownership at World Heritage site Posted on 6 October 2012 – 06:32pm Last updated on 7 October 2012 – 12:29pm

GEORGE TOWN (Oct 6, 2012): Penang Barisan Nasional (BN) Youth claims the state government does not have a policy to protect 4,000 premises at UNESCO World Heritage site here.

Its chief, Oh Tong Keong said the state government should have a plan to control foreign ownership of heritage premises as the position of Penang in world heritage is very important.

“The state government must control ownership by foreigners. If all premises at George Town Heritage Site are owned by foreigners, it is a great loss to Penang people,” he […]