MRCB will start work right away on RM2b hub
Posted on | August 1, 2007
By BUSINESS TIMES
WORK on the RM2 billion Penang Sentral project in mainland Penang will start immediately with the building of a temporary transport terminal in Butterworth.
The comprehensive transportation hub project is undertaken jointly by Malaysian Resources Corp Bhd (MRCB) and Pelaburan Hartanah Bumiputra Bhd.
The finished project will comprise an integrated terminal for rail, road and sea travel.
MRCB group managing director Shahril Ridza Ridzuan said yesterday that the building of the temporary transport terminal was to ensure that bus services are not disrupted when work on the transport and logistics hub begins in January next year.
“It will take us between 30 and 36 months to complete Penang Sentral, which will be similar to our KL Sentral project,” he told reporters after the launch of the Penang package of the Northern Corridor Economic Region (NCER) by Prime Minister Datuk Seri Abdullah Ahmad Badawi in Butterworth.
The new transportation hub will be located on a 12.8ha site at the existing Butterworth train, bus and ferry terminal and will integrate KTM’s rail services, road transport facilities and the ferry services operated by Penang Port.
It is one of several projects aimed at strengthening Penang’s role as a logistics hub for the NCER.
Other projects include the upgrading of the Penang port and airport, construction of the Second Penang Bridge, a monorail system and the Penang Outer Ring Road.
Shahril said the hub will also have commercial, retail and residential developments although the nature of the residential properties to be developed will hinge on market demand.
“We have also set aside space at the new terminal site for an expansion upgrade, if the Government decides on a monorail project for mainland Penang,” he added.
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