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.

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