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| Gerakan claiming 5 'angpow' mega projects |
| Written by Regina William | |||
| Wednesday, 11 March 2009 22:03 | |||
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Penang Gerakan state liaison committee chairman Datuk Dr Teng Hock Nan said in view of the large amount allocated for the second stimulus package, the projects promised to Penang should be immediately implemented. "We appeal to the federal government to immediately implement all the five 'angpow' mega projects promised by Abdullah in Penang in 2006. "The projects which he said were angpows to Penang are the Penang Second Bridge, Penang Outer Ring Road (PORR), monorail, expansion of the Penang International Airport and the building of Penang Sentral. "The PORR is a necessity, and so is the monorail project. These projects will not only stimulate the construction sector, but provide the much needed jobs to consultants, suppliers, architects, engineers, contractors, construction workers and many others. "The multiplier effect will also be considerable and it will be direct. It will also be relatively cheaper if mega infrastructure projects like these are implemented during times of economic slowdown," Teng said in a statement yesterday. He stressed that the construction of Penang Sentral in Butterworth and the second bridge should be accelerated, and must be monitored closely so that they were completed in time. In welcoming the RM60 billion stimulus package as a bold and courageous step, Teng said it was the antidote needed to counter the effects of the global economic meltdown. "We are grateful for the RM250 million allocated for the expansion of the Penang International Airport. The introduction of the initiative, though delayed, will definitely spur the construction sector in Penang and create a much needed multiplier effect," he said. Teng added that the second stimulus package's plan to create over 163,000 jobs and reduce the level of unemployment would greatly benefit the people of Penang since more than 280,000 Penangites worked in the manufacturing sector, especially in the electrical and electronics industry which had been severely hit by a drop in global demand.
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