Nationwide project rollouts to galvanise economy

TheStar Fri, Apr 12, 2024 12:00am - 1 month View Original


Maybank Investment Bank Research's Wong sees the LRT project as a game changer for Penang’s property market.

PETALING JAYA: Any Malaysian who has to balik kampung for the festive season will undoubtedly know that Penang experiences traffic congestion that is almost as bad as the Klang Valley on a regular working day.

Therefore, who can blame analysts for feeling upbeat that the Penang Light Rail Transit (LRT) project has finally received the green light from the Transport Ministry on March 29, if only from a transportation point of view?

However, as is professionally required of these expert observers, they have also meticulously lined up the economical and sectoral benefits that can be reaped from it.

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