Malaysia

‘With less than 80ha of industrial land, Penang needs PSI’

State exco says project will also expand industrial sector, provide more jobs

Updated 5 years ago · Published on 28 Jun 2021 9:00PM

‘With less than 80ha of industrial land, Penang needs PSI’
The PSI project is part of Penang’s long-term strategy to offer a world-class environmental, social and governance-compliant smart industrial park in the state. – Penangpropertytalk.com pic, June 28, 2021

GEORGE TOWN – Penang currently has less than 80ha of industrial land left at the Batu Kawan Industrial Park (BKIP), where most industries are located in the state.

Penang Infrastructure and Transport Committee chairman Zairil Khir Johari said this has forced the state to turn down several investment opportunities as most major companies require plots of lands of between 8ha and 12ha.

“The current status of BKIP is that all the companies are located on a small plot of land measuring less than 4ha each,” he said in a statement today.

“While there is currently a shortage of industrial land, the state government is working hard on its short-, medium- and long-term plans to fulfil the demand of the industrial sector.

“This includes acquiring more land in Seberang Prai so that we can expand the sector and provide more employment for the people of Penang.

“This is why the state needs the Penang South Island (PSI) project to take off.”

The Tanjung Bungah assemblyman pointed out that Penang also faces challenges over the issue of land ownership when it faced legal action earlier this month.

“The high court granted leave to a private landowner to challenge the acquisition of 153ha of land in Byram Estate, Seberang Prai Selatan, by the state government via state-owned Penang Development Corporation.”

Currently, Zairil said, there are 10 industrial parks in Penang, of which nine are located in Seberang Prai.

The PSI project is part of Penang’s long-term strategy to offer a world-class environmental, social and governance-compliant smart industrial park in the state, he added.

“By doing so, we will be able to secure the future economic security of all Penangites.” – The Vibes, June 28, 2021

Related News

Malaysia / 4d

Budget 2027: Penang looks forward to good news on PTFC

Events / 6d

MBPP President shares valuable insights at zero-waste conference 

Diary / 1w

Penang reaffirms commitment to preserve heritage sites across the state

Places / 1w

LOT Polish Airlines to bring in more tourists to Penang from November

Malaysia / 2w

PH-BN cooperation in Penang remains smooth, says Exco

Places / 3w

Penang hoteliers lose patience over growing number of short-term rentals, homestays

Spotlight

Malaysia

JPJ temporarily suspends VTA and registration for Chery Omoda 5

Malaysia

Eligibility for PTPTN repayment deferment to be verified with LHDN

Malaysia

Budget allocates two rounds of cash aid to millions of Malaysians in 70th Merdeka year

Malaysia

No Malaysians killed or injured in Riyadh airport attack, says Wisma Putra

Malaysia

JAIS probes viral religious ritual footage, says AI manipulation not ruled out

Malaysia

10-tonne truck ploughs into 11 vehicles: Police probe possible brake failure

World

Trump weighs joining Saudi strikes after deadly Houthi attack on Riyadh airport

You may be interested

Malaysia

12-vehicle crash: Lorry driver tests positive for drugs (video)

Malaysia

Sarawak says 13 MA63 demands resolved as talks with Putrajaya continue

Malaysia

PM to announce latest on proposed Health Services Commission, says Dr Dzulkefly

Malaysia

PETRA: RM47m energy rebate scheme to help households save RM273m in electricity costs

Malaysia

RM5b allocation for internet connectivity targeting Orang Asli villages

Malaysia

Budget 2027 emphasises a dignified life, says NGO

Malaysia

MCMC probes Facebook post suspected of insulting Islam

Malaysia

Not a single corruption scandal during Aminuddin's administration - Anthony Loke