CLOSE collaboration between the state and the private sector through the public-private partnership (PPP) is essential to transform Penang into an international and intelligent city.
Chief Minister Lim Guan Eng said that such partnership was necessary between commercial enterprises and government bodies so as to maintain sustainable development.
“The economic growth of the state and overall prosperity depend on such a bond to confront the challenges of the future,” said Lim when opening the newly refurbished Penang Chinese Chamber of Commerce (PCCC) building in Light Street, Penang, on Saturday.
On the preservation of heritage buildings, he said the meticulous preservation of heritage sites here was due to the collective effort of schools, societies, religious organisations and private enterprises.
“In this respect, coupled with the PCCC’s relentless support of the Penang government, we are all inspired to protect and defend the status of historical buildings within the Unesco World Heritage Site,” he said.
PCCC president Datuk Seri Choot Ewe Seng said that the building, being a landmark in the city, would witness the continuous growth and transformation of George Town and serve as a beacon of pioneering spirit of the chamber’s tenacity and dedication to the Chinese business community.
“It also symbolises the significant contributions made by Chinese businessmen here towards the social, economical, cultural growth and development of Penang and the nation,” he said.
More than 500 people attended the opening ceremony of the building, which also saw Lim launching the Tan Sri Tan Kok Ping Hall located on the first floor of the building.
The 112-year-old building underwent a RM7mil renovation. The three-storey building now houses the PCCC administration office, seven food outlets and a boutique hotel with a rooftop garden.
It was reported that the chamber used only 20% of the 18,460sq ft space in the building while the rest was rented out, giving PCCC a monthly income of RM50,000.