PICC takes a step forward

^ Siang Gin says PICC would create thousands of jobs and bring in more foreign investment.

DUBBED the KLCC of the north, the Penang International Commercial City (PICC), is set to change the landscape of Bayan Lepas and surrounding areas.

With a gross development value of RM6.5bil and real estate investment cost of RM2.5bil, the mammoth project located on a 17.4ha plot in southern Penang will consist of residential units, office blocks, a five-star hotel, a hospital and a shopping mall.