The convoluted saga of the compensation-in-kind for building the Penang tunnel continues.
The Penang state government plans to hand over land to the tunnel developer, Consortium Zenith BUCG Sdn Bhd (CZBUCG) as part of a swap deal for building the cross-channel tunnel. And now Consortium Zenith has entered into a 40:60 joint venture with a subsidiary of Ewein Bhd to develop 3.7 acres of that land (Lot 702 at Bandar Tanjong Pinang).



