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GEORGE TOWN: About 15,000 job opportunities are expected to be created once the reclamation of Island A for the Penang South Reclamation (PSR) project starts, says Penang Infrastructure Corp Sdn Bhd (PIC) chief executive officer Datuk Seri Farizan Darus said.
GEORGE TOWN: The first dredger carrying sand to reclaim land in the south of Penang island will arrive by late May or early June, with reclamation works to begin as soon as the final details of the Environmental Management Plan are approved, says Deputy Penang Chief Minister I Datuk Ahmad Zakiyuddin Abdul Rahman.
IN a matter of weeks, Malaysia will kickstart the process of raising land from the sea off the southern part of Penang island – an undertaking known as the Penang South Islands (PSI) project.
KUALA LUMPUR: Gamuda Bhd’s decline in earnings for the first half of financial year ending July 31,2021 (FY21) could be just a bump on the road as its performance is expected to improve in the second half of the year, driven by a pick-up in construction activities and property sales as well as strong order book replenishment prospect.
The announcement by Gamuda Bhd that it plans to start the first reclamation works for the ambitious Penang South Islands (PSI) project will see more jobs under the Penang transport master plan (PTMP) coming on stream.
Gamuda Bhd, Spritzer Bhd, Aneka Jaringan Holdings Bhd, MAA Group Bhd, Green Packet Bhd and Yinson Holdings Bhd are among the stocks to watch on Friday, TA Securities Research said.
PETALING JAYA: Gamuda Bhd, whose 60%-owned subsidiary SRS Consortium Sdn Bhd is the project delivery partner (PDP) for the Penang transport master plan (PTMP), will begin the first reclamation works for the Penang South Island (PSI) project in the first quarter of this year.