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.