Penang’s RM27bil impact, property companies to benefit from masterplan


The Penang transport Master Plan is set to improve accessibility and spur further gains in the state

PETALING JAYA: Major construction and property players with projects in Penang are set to be major beneficiaries of the state government’s RM27bil transport masterplan.

The Penang Transport Master Plan (PTMP) is set to improve accessibility and spur further gains in its vibrant property market, said AmResearch in a report yesterday, adding that the Government’s various initiatives would create significant infrastructure opportunities for Malaysian contractors.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , ptmp , penang , property , master , plan , construction ,

Next In Business News

Costly fuel may dampen commercial vehicle sales
Axteria to buy 80% stake in Niaga Sari
Arka to dispose of 40% interest in Enfrasys Solutions for RM43mil
MTT Shipping IPO oversubscribed ahead of listing
Healthy backlog bolsters Inta Bina’s outlook
FBM KLCI slips on profit-taking amid ceasefire doubt
AI remains key structural tech growth driver
CCB disposes of Johor land for RM347mil
Rozali to exit as Puncak Niaga chairman
Govt to explore privatisation of highway projects

Others Also Read