A 2,300-acre island development project over the next 10 to 15 years will be one of the key enabling strategies towards fulfilling the Penang State's vision – a World-Class Tourist Destination, a Green Technology Park for knowledge workers, and a project with Smart City Planning addressing Environmental Sustainability.
ESG-compliant and in line with Penang2030 vision
PSI supports and complies with UN SGD goals; ESG principles; the Low Carbon Cities Framework; recommendations by the Intergovernmental Panel for Climate Change (IPCC) and National Physical Planning Council; and the state's Penang2030 vision that centres on family-focused development.
PSI will have:
At the heart of the community
To ensure the local communities, namely the fishermen, progress alongside PSI, the Group and our subsidiary SRS Consortium are working closely with the Penang State Government to implement the Social Impact Management Plan (SIMP). Initiatives under SIMP include: