SEOUL (Reuters) - Shares in Samsung Electronics extended declines to a fourth straight session on Wednesday, hitting their lowest level in more than four years.
Vital link: An aerial view showing the incomplete stretches of the Jalan Bukit Kukus paired road project in the foreground. In the background is the completed portion by Penang Island City Council, which is the highest elevated highway in Malaysia. — CHAN BOON KAI/The Star
So far, only the portion by Penang Island City Council has been completed and open to traffic since 2022.The other two portions – a 1.04km stretch connecting Taman Lone Pine to Sun Moon City and a 1.4km stretch in front of Taman Paya Terubong – were originally slated for completion next year. Based on the decision of the state planning committee, he said the stretch was slated for completion by the end of 2025.
An aerial view shows the designated site for the 1.04km stretch of the Jalan Bukit Kukus paired road.The Jalan Bukit Kukus paired road, which is to connect Lebuhraya Thean Teik in Bandar Baru Air Itam and Lebuh Bukit Jambul, was first mooted in 2014. Touted as the highest elevated highway in the country at 61.5m above ground, it was reported to have relieved traffic congestion by 30% in the area and benefitted about 60,000 daily users.Wong: Construction for Geo Valley stretch is set to begin next year.There were at least five extensions of time given due to land acquisition issues, slope stabilisation works, relocation of utility lines as well as landslide and blasting permits.
Wong said MBPP had made it clear that the occupancy certificate for the housing development would only be issued once the road construction was completed.“This ensures that the roadwork, which involves challenging hillside terrain, is prioritised to mitigate future traffic congestion.
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