PENANG TRANSPORT MASTER PLAN
A joint venture between Gamuda Bhd, Loh Phoy Yen Holdings Sdn Bhd and Ideal Property Development Sdn Bhd, SRS Consortium is announced as the Project Delivery Partner for the Penang Transport Master Plan (PTMP) and the South Reclamation Scheme (SRS). The project will deliver a balanced and sustainable approach to achieve Penang’s “Vision for the Future”, while addressing current and future challenges.
• Providing the necessary transport infrastructure and a new commercial hub (SRS Smart City) with a shared supporting ecosystem to move manufacturing/services sectors up the value chain and attract foreign investments.
• Providing a modern, comprehensive public transport network, new highways to reduce traffic congestion and improve connectivity; while at the same time create affordable housing near employment, surrounded by quality public spaces to improve the living environment.
• Strengthening Penang’s community support and education with a new Integrated Education Hub (Education City) and world-class health bio-clusters (SRS Smart City).