Business

Penang urges developers to help build green lung areas

Better living conditions will draw more investors, says chief minister

Updated 4 years ago · Published on 27 Mar 2022 1:35PM

Penang urges developers to help build green lung areas
Penang Chief Minister Chow Kon Yeow says the state last year recorded a record RM76 billion in foreign direct investment in the manufacturing sector. – Bernama pic, March 27, 2022

by Ian McIntyre

GEORGE TOWN – Property developers and other organisations can play a key role in improving Penang’s liveability by helping local authorities develop green lung zones, Chief Minister Chow Kon Yeow said today.

Chow said it would be to everyone’s benefit, including the developers, if they work with the local councils to build parks and similar amenities instead of simply carving out empty plots for the authorities as part of concessions for their projects.

“Why don’t the developers help us to provide social amenities to the community we all served together? That would be better,” Chow told reporters after launching the Desa Mawar neighbourhood park at Air Itam here.

Chow said green lung areas would help attract more investors, who also regard quality living and good social amenities as among the reasons to invest in Penang.

He said Penang last year recorded a record RM76 billion in foreign direct investment in the manufacturing sector.

“We have this saying that what is the point of luring investors if the local residents do not benefit. Hence our move to improve the living standards. We think global, nationally but act locally. That is our motto,” said Chow.

State executive councillor Jagdeep Singh Deo said the state has spent nearly RM7.4 million on landscaping work in open spaces and planted 327,000 trees since 2008, with plans to plant another 500,000 trees over the medium term.

He said that there are now 320 open spaces in the state, which the local authorities have been directed to turn into green lungs.

Meanwhile, when asked about a protest by the Tanjung Bungah Residents’ Association regarding a promise to build a linear park at a housing estate there, Chow said a developer has been entrusted to complete it. – The Vibes, March 27, 2022

Related News

Malaysia / 3d

Budget 2027: Penang looks forward to good news on PTFC

Events / 5d

MBPP President shares valuable insights at zero-waste conference 

Diary / 6d

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 / 2w

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

Spotlight

Malaysia

Five fatal helicopter crash victims honoured in Sarawak state awards

Malaysia

No Malaysian is left behind; Budget 2027 puts people first - Anwar  

Malaysia

Panama hit by 6.4-magnitude earthquake

Malaysia

Haze blankets 33 areas with unhealthy air

Malaysia

Malaysia’s 2027 Budget is a steady one: people-oriented continuity rather than bold reform

Malaysia

Budget 2027: What is in it for me?

Malaysia

Budget 2027 steps up Sabah, Sarawak funding by RM2.2b amid push for development parity

Malaysia

Budget 2027: Maternity leave entitlement increased, minimum pension raised to RM1,350

You may be interested

Business

Malaysia draws US$9.5b in orders for US$1.5b sukuk, cuts borrowing costs

Business

Budget 2027 channels RM270m to SMEs through crowdfunding, P2P financing

Business

Budget 2027 targets foreign e-commerce platforms, channels billions into local firms and startups