Home > News > Nation
Sunday February 16, 2014 MYT 12:00:00 AM
Sunday February 16, 2014 MYT 8:04:55 AM
GEORGE TOWN: The Penang government has ruled out having casinos in the state.
Chief Minister Lim Guan Eng said the state government would not approve casinos which he described as objects of danger.
“Even though the economic benefits from casinos are manifold, the social and spiritual cost is too heavy and high for our multi-cultural and diverse society to bear,” he said in a statement yesterday.
Lim said the state would rather boost tourism growth and revenue with economic catalysts like IKEA, a furniture retailer.
The state government, he said, was pleased that IKEA had decided to site their first store outside Kuala Lumpur in Batu Kawan, Penang.
“This decision is a strong boost of confidence for Penang’s aspirations towards becoming an international and intelligent city,” said Lim, who met IKEA’s technical and design team, comprising its project investment manager Mikael Winqvist, regional design manager Tim Denoon and assistant expansion manager Edward Ng, yesterday.
He said a one-stop centre for advanced manufacturing, services and logistics hub, an education centre of excellence, a premier residential location and a commercial and retail centre would be built under a joint-venture between IKEA’s parent company, Ikano, and a local company on a 99.15ha plot in Batu Kawan which was sold by the Penang Development Corporation for RM484mil.
Lim said the land use comprises 12.14ha for the development of the IKEA Store and Phase 1 of a shopping mall, 18.21ha for the mall’s Phase 2 and 68.8ha for mixed development purposes. The mall would, hopefully, be completed in five years, he added.
Tags / Keywords:
Government, lim guan eng, ikea, casino
Ikea recalls Gunggung swing
Khalid Ibrahim: Federal and Selangor governments to sign water deal within next few days
Khalid finalises water agreement with Federal Govt
Guan Eng: DAP govt will resign if RM1.5bil PPS allocation proven
‘Talk to Sabahans and Sarawakians’
Schoolbus operators charging more to ferry children to Singapore schools
Bail extended for PPS members
Kajang badly affected by heavy downpour
Smooth traffic on Causeway as new toll charges kick in on Singapore side
Perak’s top farmers among 500 ordered to relocate
Cheap housing tops Budget 2015 wish list
Mostly business as usual in HK
Google searches for right note in online music business
Don’t be a bad neighbour, build your home so it fits into your neighbourhood
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)