Penang may issue RM10bil bond for Bayan Lepas LRT project


  • Nation Premium
  • Friday, 08 Nov 2019

GEORGE TOWN: The state government is looking at issuing a RM10bil bond to fund the Bayan Lepas light rail transit (LRT) project.

But Chief Minister Chow Kon Yeow said this was not an alternative to the Penang South Reclamation (PSR), which will go on as planned.“The idea to issue bonds was proposed by Prime Minister Tun Dr Mahathir Mohamad when he replied to our request for RM10bil in funding for the LRT project.

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