Penang to study scaling down, postponing part of PSI project after Putrajaya agrees to fund LRT

Chief Minister Chow Kon Yeow said state officials will soon meet up with SRS Consortium, the project delivery partner, to discuss the matter so that a decision could be made on the next course of action.

Chow added that Island A, to be known as Silicon Island, will have the Penang Green Tech Park, the high-technology industrial park which will feature research and development facilities, as well as digital technology infrastructure, e-commerce and business process outsourcing. "The federal government will add funds in a large scheme to enable Penang to implement its LRT project immediately.

The LRT line will cover a distance of 22km, from Komtar to Permatang Damar Laut, with possible extension into three reclaimed off shore islands on the Teluk Kumbar coast, where there will be an additional eight stations. SRS Consortium is the state’s project delivery partner in the Penang Transport Master Plan, a multibillion-ringgit project encompassing extensive public transport infrastructure and road systems.

Source: News Formal (newsformal.com)

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