Penang Development Corporation launches RM5 billion strategic plan

This post is also available in: 简体中文 (Chinese)

Penang Development Corporation (PDC) has unveiled an ambitious strategic plan for the next five years, with plans to add 3,000 acres of land bank at a cost of RM5 billion. The land will be used for industrial development.

The PDC also plans to develop worker accommodation, with one project expected to be completed in August this year and three others awaiting planning approval. The company will also develop a logistics and distribution park, as well as an integrated medical centre, which is expected to cost RM12 billion.

These plans are aimed at attracting more investors and providing them with ready infrastructure.

(Source: malaymail Image source: freepik)

Leave a Reply

Your email address will not be published. Required fields are marked *