Penang govt exploring all avenues


  • Nation Premium
  • Thursday, 26 Jul 2018

GEORGE TOWN: The state government has clarified that the proposed RM1bil soft loan from the Federal Government is an alternative to borrowing RM1bil from China Exim Bank.

Chief Minister Chow Kon Yeow said the idea came from SRS Consortium, the project delivery partner of the Penang Transport Master Plan, following the change of the political environment in the country.

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