The federal government should hand over both Penang bridges to the Penang state government – so that the state can use the tolls as a form of congestion pricing and finance public transport infrastructure in Penang.
Nov 252011
Nov 232011
The 44 acres of land for the Escape Theme Park near the Teluk Bahang Dam is being leased from the Penang Water Authority (PBAPP) for RM39m in total rentals.
Nov 142011
The Penang government plans to hand over more super-prime sea-front land to corporations as part of a swap deal to finance the controversial proposed RM5-8bn 6.5km tunnel from Gurney Drive to Bagan Ajam.
Nov 122011
Ivory Properties Group Bhd is entering into a 51:49 joint venture with Dijaya Corporation Bhd to develop 103 acres of super-prime Bayan Mutiara sea-front land that it is acquiring from PDC for RM1.1bn or RM240psf.
Nov 032011
Tengku Razaleigh highlights the scandal of the independent power producers and how it has cost TNB, consumers and the nation dearly.