Penang Development Corporation ordered to prepare papers on land deal procedures, says Kon Yeow

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Penang Development Corporation ordered to prepare papers on land deal procedures, says Kon Yeow
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GEORGE TOWN, Oct 18 — The Penang Development Corporation’s (PDC) board of directors has ordered its management to prepare papers to review the land sale process under PDC. PDC...

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“This order is so that the management can fine-tune all the procedures to make sure it is clear which project can be approved through any of the methods so that there is no dispute or weaknesses in the process,” he said during a press conference at his office in Komtar today. The PDC board issued a statement yesterday announcing that the deal was cancelled and that a RFP will be called for the land.Earlier today, PCCC president Datuk Seri Hong Yeam Wah raised more questions regarding the deal and suggested that PDC develop the BKIP2 itself instead of outsourcing it.

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