NSTnation: “Depending on the financing model, we may begin construction works either one by another (for the three projects) or concurrently.'
He said the three projects under SRS Consortium include the light rail transit system, the Pan Island Link highway or the massive Penang South Reclamation .
“So, when it is ready, we will sign it. It is a meticulous and tedious process,” he told newsmen after officiating the ground-breaking ceremony of the Federation of Malaysian Manufacturers Penang’s new building here today. The PSR project was mooted by SRS Consortium to create a land bank and fund the multi-billion ringgit PTMP.
They had pointed out to the Penang government that a cheaper, better, viable option for the PTMP was available, which does not necessitate building new roads or the LRT scheme. Kedah Menteri Besar Mukhriz Mahathir had said that KXP Airportcity had also appointed several competent consultants for several mandatory studies, assessments and evaluation for the project.
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