Actual photograph of Seri Tanjung Pinang Phase One including Straits Quay with illustration of Quayside Condominiums superimposed on it.

Eastern & Oriental Bhd’s subsidiary has received the conditional approval letter from the Department of Environment (DOE) for its proposed reclamation of Phase 2 of Seri Tanjung Pinang in Tanjung Tokong, Penang.

It said on Monday the approval letter given to Tanjung Pinang Development Sdn Bhd (TPD) was for the detailed environment impact assessment study and conceptual masterplan for the Phase 2.

E&O said in 1992, TPD was granted the exclusive right to reclaim and develop land in Tanjong Tokong and to date, the group has reclaimed and is continuing to develop Phase 1 of the project.

To recap, TPD had sought the Penang Government’s approval to reclaim the balance concession area.

In the latest development, the Jabatan Perancang Bandar dan Desa, Penang, informed TPD about the state’s in-principle approval to the masterplan for the proposed project.

E&O said many steps remained to be taken and approvals to be obtained before reclamation can start, not least of all a satisfactory environmental impact assessment study.

The conditional approval was applicable only to the proposed reclamation of 760 acres (307.60 hectares) of man-made islands and 131 acres (53 hectares) of the Gurney Drive foreshore, and dredging activities at the “flushing channel”.

The detailed environment impact assessment’s conditional approval was valid for two years from the date of issuance.

Souce: StarProperty.my