Latest News
PTMP Map
PSI
 

Penang LRT: Relevant ministries, agencies to discuss funding models

12 Jun Penang LRT: Relevant ministries, agencies to discuss funding models

Posted at 12:38h in by
0 Likes

Published by Bernama • 12/5/2023

Penang LRT: Relevant ministries, agencies to discuss funding models – minister

 

The Finance Ministry, Transport Ministry and relevant agencies are expected to hold a series of meetings next week to discuss funding models for the Penang Light Rail Transit (LRT) project, said Transport Minister Anthony Loke.

 

Speaking to reporters on the sidelines of the third Maritime Law and Business Conference 2023 today, he said that the Finance Ministry has called upon representatives from the Mass Rapid Transit Corp Sdn Bhd (MRT Corp), Transport Ministry and relevant agencies to discuss the matter.

 

Last week, the federal government announced additional funds to expedite the completion of the Penang LRT project to ease traffic congestion in the state.

 

The project is one of the main components of the Penang Transport Master Plan (PTMP).

 

The Penang government’s plan for the construction of the LRT line is to connect Bayan Lepas and Komtar.

 

Meanwhile, commenting on talks of the proposal to appoint Tanjung Piai MP Wee Jeck Seng as the new chairperson of Keretapi Tanah Melayu Bhd (KTMB), Loke emphasised that the power to appoint the KTMB chairperson lies with the Finance Ministry.

Tanjung Piai MP Wee Jeck Seng

 

“I have not received any information (regarding the appointment).

 

“KTMB is under the Finance Ministry, so any proposals will be brought to that ministry, and so far I have yet to receive any information on any proposals,” he said.

 

The two-day Maritime Law and Business Conference 2023, themed “Refuelling the Future – Sustainability and Growth in the Post-Covid Era”, is organised by the International Malaysian Society of Maritime Law (IMSML).

No Comments

Post A Comment

PENANG SOUTH ISLANDS -
TRANSFORMING PENANG FOR THE FUTURE

The Penang South Islands (PSI) is the state government's strategic transformative development plan that will reconstruct the sleepy southern coast into a Smart City and word-class tourist destination.

 

Strategically located near the Penang International Airport, the Second Penang Bridge, the Bayan Lepas free industrial zone (FIZ), education institutions Universiti Sains Malaysia, the Collaborative Research in Engineering, Science and Technology Centre (CREST), and the Penang Skills Development Centre (PSDC)...

View More

PENANG SOUTH ISLANDS -
Transformasi Demi Masa Depan

Sebagai sebuah pelan transformasi pembangunan strategik, Penang South Islands (PSI) akan membawa perubahan kepada selatan Pulau Pinang, dan menjadikan kawasan tersebut sebuah bandar raya pintar dan destinasi pelaburan serta pelancongan bertaraf dunia.

 

Dengan lokasi strategiknya yang berhampiran dengan Taman Perindustrian Bebas Bayan Lepas yang telah mewujudkan sebuah ekosistem yang mempunyai 300 syarikat multinasional dan 3,000 perusahaan kecil dan sederhana (SME) serta infrastruktur yang baik; PSI akan menarik pelabur baru dan mengekalkan pelabur sedia ada yang ingin mengembangkan operasi mereka di sebuah lokasi yang mempunyai persekitaran yang sesuai untuk hidup dan bekerja.

Baca Lagi
View More

Tun Dr Lim Chong Eu Expressway - Air Itam bypass at 8 per cent progress [NSTTV]

GEORGE TOWN: Works on the first project under the state's highly ambitious Penang Transport Master Plan (PTMP) — the Tun Dr Lim Chong Eu Expressway - Air Itam bypass — have started and achieved eight per cent progress.

 

The 6km bypass, to be built at a cost of RM851 million, is expected to be completed in 2025.

Read More