Reclaimed land to fund project in Penang

In the pipeline: A map showing the various components of Penang Transport Master Plan and location of the man-made islands (in yellow).

GEORGE TOWN: The RM27bil Penang Transport Master Plan (PTMP) might be funded through the auction of two plots of reclaimed land in the southern coast of Penang island.

SRS Consortium, the appointed Project Delivery Partner (PDP) of the plan, has proposed the reclaimed land as an asset for the state to raise funds to deliver the project in a timely and sustainable manner.