Penang to benefit with pier concession

Steaming ahead: An aerial view of the NBCT where the FCZ is to be located and Sasedharan.

GEORGE TOWN: From hotels, malls and food outlets to trishaw peddlers, all are expected to benefit once the Federal Government gives the nod to Penang Port Sdn Bhd (PPSB) next month to operate the Swettenham Port Cruise Terminal (SPCT) under a 30-year concession.

And if they also get a Free Commercial Zone (FCZ) status, it will be the icing on the cake and a boost to Penang’s economy.