Penang Transport Master Plan welcomed, with caveats
PENANG (Dec 7): Those who attended yesterday’s open session on the RM27 billion Penang Transport Master Plan were generally welcoming of the ambitious project.
Penang LRT construction work to start in 2018
KUALA LUMPUR (Dec 2): Construction work on the Penang light railway transit (LRT) project, which is part of the first phase of the island’s Transport Master Plan (TMP), will start in 2018.
Reclaiming two islands to cost RM8b
GEORGE TOWN (Nov 30): Gamuda Bhd-led project delivery partner — SRS Consortium Sdn Bhd — for the Penang Transport Master Plan (TMP) estimates the cost of reclaiming two islands measuring about 1,300 acres (526.
WCT 3Q earnings up more than three times
KUALA LUMPUR (Nov 25): WCT Holdings Bhd’s net profit was up more than three times to RM85.
Penang state government says land reclamation deals are for public benefit
NOV 22 (George Town): The Penang government has again defended its approvals for land reclamation projects, insisting that they will benefit the people.
Penang, SPAD to co-operate on transport master plan
GEORGE TOWN (Nov 19): The state government will co-operate with the Land Public Transport Commission (SPAD) to complete the RM27 billion Penang Transport Master Plan (PTMP), according to Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow.
More than 607ha of sea land off Permatang Damar Laut, Penang, identified for reclamation
GEORGE TOWN (Nov 18): More than 1,500 acres (607ha) of sea land off Permatang Damar Laut near Bayan Lepas have been identified for the proposed reclamation that forms part of the land-swap deal with SRS Consortium, the project delivery partner (PDP), for the RM27 billion Penang Transport Master Plan (TMP).
EPF invests RM250 mil in industrial development fund
PETALING JAYA (Nov 6): The Employees Provident Fund (EPF) has invested RM250 million into the AREA Industrial Development Fund (AIDF-1), for a 40% share, said EPF CEO Datuk Shahril Ridza Ridzuan at the launch of the fund yesterday.
CIDB: Sustainable construction a game changer for industry
KUALA LUMPUR (Nov 5): The country has, under the Eleventh Malaysia Plan 2016-2020 (11MP), identified “sustainable construction” as the game changer for the construction industry, said Construction Industry Development Board (CIDB) Malaysia chief executive Datuk Dr Judin Abdul Karim (pictured) at the Zofnass Programme Symposium held at Harvard University in the US recently.
Lonely Planet: George Town is fourth most charismatic city globally
GEORGE TOWN (Oct 29): George Town of Penang has been named by Lonely Planet as the fourth most charismatic city in the world.
