Split up PTMP projects to attract more investors, say experts

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They say lumping all the projects into one, under the transport master plan, won't be attractive for private investors. FMTNews

Chief Minister Chow Kon Yeow and Canadian High Commissioner to Malaysia Julia Bentley speaking to reporters after the Penang Transport Forum 2019 in George Town today.

He said PTMP’s rail, roads, reclamation and other projects ought to be decoupled so that risks and costs can be reduced and to get more investments. Modalis Infrastructure Partners Inc associate director Khair Mirza with Export Development Canada’s Klaus Houben , Bombardier’s Ritesh Kashyap and OMERS’ Michael Koortens at the forum today.

“We must also ask, do we have the best option on the table? If the route is not commercially viable, then it should be changed,” he said.

 

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