IJM Land to start work on Penang project in Q2


Deal on: Chong (left) exchanging documents with Pua.

GEORGE TOWN: Work on IJM Land Bhd’s RM4bil integrated mixed-development project The Light Waterfront along the Tun Dr Lim Chong Eu Expressway is expected to commence in the second quarter of next year.

Its senior general manager (north region) Datuk Toh Chin Leong said the project, to be jointly developed with Singapore-based Perennial Real Estate holdings Ltd, would comprise a convention centre, retail mall, two four-star hotels, condominiums and an office tower.

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