Here are three burning questions that need to be answered:
1. Can the state justify its population projection for the three islands to reach 446,000 by 2030, as stated in the environmental impact assessment report? Where are these people coming from considering it took over 200 years for Penang Island to reach 700,000-plus?
2. Can the state explain how it will fund the PTMP projects, which will cost billions, when its expected net revenue from reclaiming half of Island A would probably be about RM600m in seven to 10 years’ time? This is equivalent to about one year of Penangs state’s revenue. However, the environmental damage and social losses would cost many times as much, if they are truly accounted for
3. Can the state explain how the costs of the Penang South Reclamation has escalated from RM8bn for two islands (totalling 1,428ha) in 2015 to RM7bn for half an island (only 485ha) in 2021?