Penang is poised to gain substantial advantages from a series of development projects highlighted in Budget 2025, unveiled by Prime Minister Datuk Anwar Ibrahim in the Dewan Rakyat on Friday (Oct 18).

Chief Minister Chow Kon Yeow described these projects as essential enhancements for the state, addressing the needs of its residents.

Anwar announced several key initiatives for Penang, including the Juru and Sungai Dua Elevated Highway projects, the Penang Light Rail Transit (LRT), the expansion of Penang International Airport (LTAPP), and the Batu Kawan Industrial Park 3.

“In addition, a new Urban Transformation Centre (UTC) in Seberang Perai is set to enhance public services currently offered at UTC @ Komtar.

“In terms of education, Universiti Sains Malaysia (USM) is exploring semiconductor artificial intelligence (AI), aligning with Malaysia’s emerging status as a global semiconductor hub.

“This initiative will bolster the university’s capabilities and attract further investment opportunities to Penang,” Chow said in a statement on Friday (Oct 18).

On the development of “wakaf” land by the federal agency UDA Holdings Bhd (UDA) in Penang, Chow expressed the state government’s full support for the initiative.

He noted this aligns with requests from various parties, including non-governmental organisations (NGOs) in the state, to redevelop Malay settlements and increase their land ownership in Penang, especially on the island.

Chow also expressed hope that the implementation of all projects announced by the Prime Minister will be expedited and adhere to the scheduled timeline.

Source: Bernama