Green lights for Penang Tunnel, and other mega projects

The government is anticipated to ink the development agreement for the long-held up controversial Penang tunnel project today morning just before the Budget 2020 tabling, sources said.

The RM6.34 billion project will be signed between the Penang state government and the main contractor, Consortium Zenith Construction Sdn Bhd, reported The Star yesterday.

Immediately after the signing, work can commence with the first phase or Package 2, comprising the 5.7-km Ayer Itam-Lebuhraya Tun Dr Lim Chong Eu bypass, within a construction period of 36 months.

The signing ceremony for this development would be held by next week, when further details are expected to be revealed, cited the sources.

Source: EdgeProp.my