Penang's Island A to be fully funded by PDP


GEORGE TOWN: The Penang government has revised the master agreement (MA) on the Penang South Reclamation (PSR) project, with the RM3.8bil reclamation of Island A fully funded by the project delivery partner (PDP).

A new joint-venture (JV) agreement is set to be drawn out with the PDP funding and implementing the project.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Business News

Ringgit opens on softer note against US dollar
FBM KLCI starts in volatile pattern
Trading ideas: EcoFirst, CHGP, Westports, Axis-REIT, YTL Power, Central Global, Mah Sing, MSM, Apex Equity
Hong Leong Industries to focus on premium motorcycle models
Plastic firms experience a division in profit outcomes
Year-end rally in US stocks faces twin tests
Starbucks says it wants union talks, agreements in 2024
SOBA 2023 awards completes its first round of judging
Auto Bavaria unveils service for ‘classic’ BMW and MINI vehicles
Chocolate products still in high demand

Others Also Read