Penang To Press Ahead With An Open And Competitive Tender To Implement The RM27 billion Penang Transport Master Plan

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Press Conference Statement by Chief Minister of Penang, Mr Lim Guan Eng on Friday, 25 July, 2014 in KOMTAR, George Town, Penang.

Penang To Press Ahead With An Open And Competitive Tender To Implement The RM27 billion Penang Transport Master Plan

The Penang State Government at its State EXCO meeting yesterday has decided to go ahead with its plan to call for an open and competitive tender (Request for Proposal) to appoint a Project Delivery Partner (PDP) to help implement the RM27billion Penang Transport Master Plan.

This Request for Proposal is based on the recommendations as contained in the Penang Transport Master Plan Strategy for implementation from 2014 to 2030.
 
The Penang State Government intends to achieve for both Penang Island and Seberang Perai : (i) a well-defined and fully connected road network and dispersal system and (ii) a well-integrated and sustainable public transport systems (both land and sea mode). In other words, this will combine buses, trams, MRT and water taxis.

The Project Delivery Partner (PDP) concept is chosen by the Penang State Government so as to assist in facilitating delivery of the overall Transport Master Plan strategy including system integration. The Penang Transport Master Plan encompasses both the mainland and the island to ensure that the mainland is not left out but is part of an integrated and holistic public transport system that can benefit all 1.6 million Penangites.

 They are also responsible to ensure smooth implementation, successful delivery and performance of the work packages with their respective target costs and completion dates.

For public transport projects ( both land and sea mode), the Project Delivery Partner (PDP) is responsible for the delivery of fully commissioned systems to the State Government and must meet all the requirements of the Federal Government, existing laws and relevant authorities.

The tender will be opened after the Hari Raya break on 15 August 2014 and will close on 16 December 2014. Another press conference will be held then.

Tenderers are allowed to form a consortium or a joint venture with local or foreign companies. The paid up capital or shareholders' fund of the lead company ( in the case of joint venture/ consortium shall not be less than RM 500 million.

They must also have a track record of at least two large scale projects of at least RM500 million each currently undertaken or successfully completed in the last five years.

They must have track record of at least one highway or public transport project with minimum RM500 million in contract value in progress or successfully completed in the last ten years.

The State Government will consider proposals by the tenderers as regards Funding/ Business models by way of land swap with development potentials and especially where Transit-oriented Development concept can be applied along the proposed transit corridors.

The successful implementation of the Penang Transport Master Plan will ensure the continuous growth of the Penang economy and uplift the standard and quality of life in the State in her quest to be a location of choice for investors, tourists and a habitat of choice for a livable and sustainable environment.


LIM GUAN ENG

PEMBATALAN MAJLIS RUMAH TERBUKA KERAJAAN NEGERI PULAU PINANG SEMPENA HARI RAYA AIDIL FITRI 2014

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KENYATAAN AKHBAR OLEH Y.A.B. TUAN LIM GUAN ENG,
KETUA MENTERI PULAU PINANG
25 JULAI 2014

PEMBATALAN MAJLIS RUMAH TERBUKA KERAJAAN NEGERI PULAU PINANG SEMPENA HARI RAYA AIDIL FITRI 2014

1. Majlis Mesyuarat Kerajaan Negeri Pulau Pinang pada 24 Julai 2014 telah bersetuju membatalkan Majlis Rumah Terbuka Kerajaan Negeri sempena Hari Raya Aidil Fitri 2014 bagi menghormati mereka yang terkorban dalam tragedi pesawat MH17 yang terhempas di Ukraine pada 17 Julai yang lalu.

2. Selain dari itu, Majlis Rumah Terbuka sempena Hari Raya Aidil Fitri 2014 anjuran saya sendiri sebagai Ketua Menteri Pulau Pinang, Majlis Rumah Terbuka Perbadanan Bekalan Air Pulau Pinang (PBAPP) serta Majlis Rumah Terbuka Perbadanan Pembangunan Pulau Pinang (PDC) turut dibatalkan.

3. Pembatalan ini dibuat susulan daripada pengumuman yang dibuat oleh Mesyuarat Kabinet semalam.. Dalam kenyataan akhbar yang dikeluarkan melalui Pejabat Perdana Menteri menyebut bahawa pembatalan Majlis Rumah Terbuka Jemaah Menteri dan Majlis Rumah Terbuka Aidilfitri Malaysia sempena Aidilfitri Tahun 2014 dibatalkan bagi menghormati mangsa nahas pesawat MH17.

4. Walaupun rakyat masih bersedih di atas tragedi ini, umat Islam di seluruh Negeri disyariatkan untuk meraikan Hari Raya Aidil Fitri setelah berjaya menjalani ibadah puasa selama sebulan. Majlis-majlis sambutan Hari Raya Aidil Fitri 2014 boleh diadakan tetapi dengan kesederhanaan dan penuh ketertiban. Ahli-ahli Yang Berhormat ADUN Kawasan boleh mengadakan sambutan Hari Raya Aidil Fitri di kawasan masing-masing secara sederhana. Begitu juga Jabatan-jabatan/agensi Kerajaan, sambutan Hari Raya Aidil Fitri boleh diadakan untuk kalangan warga kerja masing-masing tanpa melibatkan jemputan luar.

5. Kerajaan Negeri juga terlebih dahulu telah mengibarkan bendera separuh tiang mulai 17 Julai 2014 hingga 19 Julai 2014 bagi menyatakan kesedihan dan simpati rakyat Pulau Pinang kepada keluarga mangsa pesawat MH17 tersebut.

6. Kerajaan Negeri menyatakan pendirian bahawa kami akan berdiri bersama Kerajaan Persekutuan demi keadilan kepada keluarga mangsa-mangsa nahas pesawat MH17 .

 


LIM GUAN ENG

OFFICIAL launch of The Star property fair 2014

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SPEECH BY YAB TUAN LIM GUAN ENG, CHIEF MINISTER OF PENANG
OFFICIAL launch of The Star property fair 2014
SALON IV, G Hotel, Penang
24 JULy 2014 , 11.30AM – 12.30PM

Good morning and thank you for inviting me to launch the 12th installation of the Star Property Fair.

With over 30 local and foreign exhibitors participating this year, including some big names in property development, it is clear that Penang continues to attract keen investors looking for a place in the ‘Pearl of the Orient’.

As one of the most economically important states in Malaysia, Penang has seen a significant growth in population in recent years as more people clamor to seek a better way of life.

This in turn has impacted the demand for properties ranging from medium-cost housing to luxury units. The encouraging business sentiment and growing economic progress is evident around Penang. We do not only see sustained foreign direct investment and local investment into Penang regardless of what those detractors who are blind to the realities on the ground may say.

Many workers in the manufacturing industry are working overtime some compelled to do so. The stronger purchasing power this year of consumers has made sales much better this year than last year. This can be seen by the roaring business in our Bazaar Ramadan which has attracted customers from outside Penang due to the range and variety of products offered.

The opening of Penang’s second bridge earlier this year, which enhanced accessibility and exchange between the island and mainland, is also playing a part in strengthening the resilience of the local economy, literally opening up pathways for more partnerships. The continuing demand for properties in Penang reaffirm the attractiveness of our little state.

With more residential and commercial projects funded by the state government and property developers, there are now more options to cater to the diverse profile and demography of property buyers and investors.

As a responsible government, it is our duty to ensure a balanced and sustainable environment where everyone has the opportunity to call a house a home in Penang. This includes first-time buyers and those who may fall within the lower income bracket.

There is a need for Bank Negara to reinstate Developer Interest-Bearing Scheme (DIBS) for first time buyers for all properties below RM 400,000 to compensate for any negative inflationary impact and higher loan repayments from the increase in interest rate by 0.25% from 3% to 3.25%.

This would not only give less money to spend for existing borrowers of all loans, increase the financing cost for businesses leading to higher prices and also make it more difficult for first-time buyers to get loan approvals. One of the main complaints of developers and first-time buyers is the difficulty of getting loan approvals due to the stringent repayment ability requirements imposed by Bank Negara.

The Penang state government is against any hike in interest rate that would burden borrowers without any compensating measure to help them to repay or service their loans. Reinstating the DIBS for houses below RM400,000 would benefit first-time buyers and promote housing democracy.

The increase in interest rates would have inflationary impact, raise the cost of living as well as dampen consumption spending as more money would be required to service their loans. This would not only give less money to spend for existing borrowers of all loans, increase the financing cost for businesses leading to higher prices and also make it more difficult for first-time buyers to get loan approvals.

On that note, I would like to thank The Star media group for organising this year’s Property Fair.

Good day and have a great weekend.