Advertisements

Financing, constructing and behaviour changing. Three different things really.

I am a supporter of Penang’s Transport Master Plan (PTMP). No one is going to like to invest into Penang if they face traffic jams on a daily basis as soon as they step into Penang. Much earlier article here: PTMP is needed for Penang  As for whether the current model is the best, that is up for debate. Latest news is this. Penang Chief Minister Chow Kon Yeow says that IF the state’s current proposal for the PTMP is rejected, then the federal government will be responsible to come out with an alternative model. (Not sure if he meant this for our Finance Minister Lim Guan Eng to respond). Chow said, “The Federal Government is responsible regardless of whether it accepts or rejects the state’s recommendation. If they accept, they will have to find the funds to support the project, and if they reject, they will have to suggest an alternative model to alleviate the traffic congestion in Penang.” The full article in TheStar here. 

In another article, Chow said that Penang will consider abandoning its present plan to reclaim land off Bayan lepas if the federal government is willing to help fund the project. The issue is about the financing for the Penang Transport Master Plan. He shared that Penang urgently needs a proper traffic dispersal system to address the highly congested roads and this will only be worsening in the future since most people will continue to drive. (Yes, I am one of them even if there’s that LRT plan. Perhaps on weekdays and for work, LRT would work perfectly fine. On weekends, it’s not going to be popular in the beginning. People need time to adjust. Just look at the MRT. Its popularity is only slowly building up) Chow asked for the go-ahead on the PAN Island Link 1 highway (PAN 1) which is a core ingredient of the comprehensive master plan. Besides that, there is also the proposed RM6 billion cross-channel undersea tunnel and the light rail transit system which connects George Town to the international airport in Bayan Lepas. Here’s the earlier article: PIL in Penang will enhance connectivity

By the way, beyond just whether or not the plans will go ahead, the government needs to have the right policies to support the switch from driving to taking public transport. I remember a few years ago I asked 10 Penang friends if they would take the public transport if they needed to walk around 200-400 metres. The answer from the majority is an overwhelming NO. Right policies include Unlimited Monthly Passes, INCREASE the parking rates at places where there are public transports, put up even more tolls and perhaps taking away the fuel subsidy or limiting it to a certain amount per month. Not all of these will be popular but do we really have other choices to persuade gently? Haha. This is Malaysia yeah. Even in Singapore, it’s not possible to persuade gently. Usually, it’s by government policies. For the benefit of the nation anyway. Happy anticipating the future.

written on 12 Aug 2018

Next suggested article: IKEA Penang opening in 9 months, a new catalyst?

Advertisements

kopiandproperty.com

kopiandproperty.com is everything about property related writings and news. Enjoy reading with a latte.

Related Posts

MRT was ‘too big’ and ‘too luxurious.’

I personally like our MRT and has taken it slightly over 10 times since it first started. I have also taken my family on it once. As per one latest number, there are now 130,000 people taking the MRT nowadays. This is less than half the number needed to break-even. I think it will take […]

Read More

From 12 rooms to over 200 rooms. Penang Hill gets exciting.

I am pro-development. Sorry to all those who are not pro-development. Let’s agree to disagree for this one. However, I am against over-development yeah. I am also against development without a good business plan which ultimately will kill the project and cause even more issues. Today, we talk about Penang Hill. There will be two new […]

Read More

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Property investment news everyday? Subscribe for free!

An article a day, keeps you updated all the way.

Join 905 other subscribers

LIKE us for property news update, FREE.

%d bloggers like this: