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Thursday, 05 November 2009 15:32 |
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A JOINT-venture company project in the heritage enclave of George Town (read here) has the Penang state government being accused of land conversion irregularities.Â
PDC Heritage Hotel, a joint venture between YTL Corporation Bhd (which holds 51 per cent stake) and Penang Development Corporation (49 per cent), sits on a land bordered by the E&O Hotel and St Xavier's Institution. The land was state-owned. In 1996, it was alienated to PDC, of which CM Lim is now chairman.
While the state BN has accused CM Lim of misleading the public on the status of land conversion from leasehold to freehold, Lim had said the state government was waiting to present the matter to the National Land Council, scheduled to meet at the end of the year. He also said the state government had yet to approve any application for land conversion. Read here
Nevertheless, the calls for more transparency on any these issues have been resonating from many quarters, including bloggers like Anil Netto and a parish priest. Read here, here and here. Read here for CM Lim's initial stance on land conversion and here for the amount that the state had received from land conversion activities in year 2008. Other news Penang's RM300m mall to open in 3Q10: 1st Avenue, Penang's latest RM300 million shopping mall designed after Singapore's Raffles City, Marina Square and Suntech City, is set to open its doors in the third quarter of 2010. Read here Immense potential for NCER: The Northern Corridor Economic Development Region possesses immense potential to create new sources of wealth, myriad jobs, business opportunities as well as the potential to generate all-round economic growth. Read here Landslide fear of RM7m Penang Botanic Gardens expansion project: Environmentalists fear landslides may occur at the Penang Botanic Gardens' RM7 million expansion project site. They want the state government to monitor the project, although it is being funded by the Federal Government. Read here Act now to avert water woes, Penangites told: Penang will face severe water shortage problems by 2011 if Penangites do not take steps to save water resources such as implementing rain harvesting measures at high-rise buildings. Read here Cleaning products firm’s Penang plant operational: Kyzen, a leading provider in environment-friendly cleaning products for high-tech manufacturing plants, have begun operations at its new facility in Penang. Read here
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