Urban regeneration policy framework for city of Kuala Lumpur

Abstract

Like other countries in the world, Malaysia is experiencing a rapid urbanisation where currently 76% of the population lives in the city and over 90% of the national economic activity revolves in and within the cities. Continued sprawling and expansion of cities due to the increase in industrial growth has resulted in pressure to balance between social aspects and environments. Thus, the main challenge for policy and decision makers is to mitigate the imbalance between socio-economic activities with physical and economic needs. The concept of urban regeneration is important to restructure the urban planning concept, especially in Kuala Lumpur. Despite the importance of an urban regeneration concept in a long-term investment in urban development, the current lack of traditional sources from public and private participation in projects has halted much regeneration work, which becomes a major issue in urban regeneration policies. Therefore, there is a need to structure the emphasis on urban land and property development as a stimulator for urban regeneration.