The RM27 billion (USD 7.45 bn) Penang Transport Master Plan (Malaysia) will be rolled out in stages beginning 2017, the state government announced, writes The Malaysian Insider.
Penang Chairman Local Government, Traffic Management & Environment, Chow Kon Yeow, announced that the state government had received proposals from six bidders to be project delivery partners (PDP) of the master plan.
Of the six, two are foreign consortiums and three are local public-listed construction giants, he said, without revealing the companies. The state has appointed consultancy firm KPMG to lead the evaluation of the bids.
“By May, we should be able to decide which firm to pick and sign an agreement with. After that, there will still be work to refine the plans before tenders can be called to appoint companies to start the physical work. They will need to take a couple years to finalise engineering plans before rolling out the projects. We expect that the first project from the master plan will be able to roll out in 2017,” he said at a press conference.
The Penang Transport Master Plan involves massive infrastructure works and a comprehensive public transport system incorporating light rail transit (LRT), trams, buses and catamarans, expanding roads and building new highways. It also includes an ambitious undersea tunnel linking George Town and Butterworth.
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