Penang is one of the four major property markets in Malaysia. The continuous growth of its attractiveness would depend very much on implementation of connectivity projects which will help the state continue its push to drive more investments and visitors into the state. As a new MNC considering a few places in Malaysia to set up my business, I will not choose a state where jams happen everyday and just sending the finished products from my factory to the airport takes a few hours… As a medical tourist, I want the best healthcare but not if I have to be stuck in jams daily due to the inability of existing roads to support an ever increasing number of cars. We have good news for Penang. Especially where the Pan Island Link and the LRT are concerned.
Article in thestar.com.my here. Penang’s Pan Island Lin (PIL) has received the Environmental Impact Assessment (EIA) report from the Environment Department (DOE). Penang Chief Minister Chow Kon Yeow said the approval was conveyed to the state via a letter from DOE dated April 10, 2019. He said, “With this approval in place, the state considers it a major milestone towards enabling the project to move on the ground.” The next phase will be the detailed design phase and later on appointing the best work package contractors through open tender. In fact this tender will be open to local and international companies towards the end of 2019. Article in thestar.com.my here.
Article in NST.com.my here. Chief Minister Chow Kon Yeow shared that the conditional approval for the proposed Komtar-Bayan Lepas Light Rail Transit (LRT) project, part of Penang’s multi-billion ringgit Transport Master Plan (PTMP) is likely to be obtained soon. He said a team from the Land Public Transport Agency (APAD) had visited Penang and viewed the proposed rail line alignment and suitability of locations for train stations. He said, “Based on their suggestions and comments, our team (state government) will make amendments and improvements for APAD to advise the Transport Minister. With that, we will be able to fine tune the alignment, location of stations and financing packages.”
The rail line for the LRT project will cover 29.5 kilometres and 27 stations, running from Komtar to the Penang International Airport and to the three future reclaimed islands in the south of Penang, estimated to cost RM8 billion. The LRT project will take between six to eight years to be completed. He shared that the Project Delivery Partner (PDP) will be assisting the state government in the project implementation. Their roles include securing the approval, getting funding and delivering it according to the time frame, quality and cost. “There should not be any overrun in terms of cost, time and other things,” he added. Article in NST.com.my here. Happy following!
Article written and edited by Charles. News article summarised by Dina Batrisyia.
<Featured Image is courtesy of Stock Photos from aapsky>
written on 17 April 2019
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