The construction of Le Meridien Penang Airport and Rackson’s Serviced Apartment near Penang International Airport (PIA) marks a significant milestone in Penang’s journey towards becoming a global hub for business, tourism, and innovation. These projects, part of the visionary Penang Gateway development, carry a gross development value of RM1.5 billion.

Speaking at the second groundbreaking ceremony at Jalan Mahkamah, Bayan Lepas, Chief Minister Chow Kon Yeow highlighted the transformative potential of these initiatives. The construction phase alone is projected to create over 1,000 jobs, with an additional 300 direct employment opportunities once the projects become operational.

Le Meridien Penang Airport, a five-star luxury hotel, will feature 200 rooms tailored to meet the needs of business travellers, leisure guests, and event organisers. Complementing this is the Avion Serviced Apartment, offering 608 premium residential units designed for long-term residents and expatriates.

Strategically located near Penang International Airport, the upcoming LRT airport station, and the planned Mitsui Outlet Park, these developments are set to benefit from seamless integration with Penang’s evolving transportation ecosystem. “This synergy underscores Penang’s commitment to accessibility, connectivity, and smart urban planning,” Chow noted.

Tourism remains a vital pillar of Penang’s economy, with the state’s MICE (Meetings, Incentives, Conferences, and Exhibitions) sector contributing an estimated RM1.033 billion last year. Meanwhile, Penang International Airport handled nearly 7 million passengers, underlining its role as a key gateway.

Chow emphasised that these projects will enhance Penang’s infrastructure and elevate its global standing.