GEORGE TOWN: MY EG Lodging Sdn Bhd has signed a lease agreement with the Penang Development Corporation (PDC) to build a RM108mil workers village on the mainland.
The project is located in Batu Kawan Industrial Park 3 and is expected to house at least 8,000 foreign workers upon completion.
The 30-year lease covers an area of 3.39ha (8.39 acres) and is valued at RM20.4mil. Under the deal, MY EG Lodging – a sub-unit of MyEG Services Bhd – will build and operate the workers village and related facilities at its own cost.
MYEG Lodging director Datuk Mohd Jimmy Wong Abdullah said the first phase of the project will be ready by 2026.
“We will offer other services such as application for work permits, provision of facilities and amenities for the foreign workers, including sundry stores and recreational areas,” he said in his speech at the signing ceremony here on Wednesday (Dec 6).
Chief Minister Chow Kon Yeow, who witnessed the signing of the deal, said PDC issued a request for proposal (RFP) for the project between Sept 29 and Nov 29 last year.
He said it received three proposals which were presented to its board before MY EG Lodging was selected.
"The quarters will resolve issues such as foreign workers being placed in residential areas and influx of illegal workers (as well as) manage the (effect on) property prices (where) certain areas are used as foreign worker housing," he added.