PDC to set aside RM5bil for 15 projects


PETALING JAYA: The Penang Development Corp (PDC) will allocate RM5bil to implement 15 high-impact projects under the 2024 to 2028 Strategic Plan, including RM3bil to grow its land bank.

PDC chief executive officer Datuk Aziz Bakar said the RM5bil is expected to be spent in the next seven to eight years and will be a catalyst for Penang’s economic growth. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

PDC , Strategic Plan

   

Next In Business News

Oil settles higher on Mideast supply concerns
Powering on data centres
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Making scents of success
Medical insurance premiums on the rise
Singapore’s growth trajectory remains intact and on track for faster growth in 2024
Blackstone, KKR mortgage REITs stung by office debt challenges
Are there too many GPs and is the healthcare system overwhelmed?
Rising data centre ability
Kelington to reap the benefits of a diversified business strategy

Others Also Read