Singapore faces a decline in growth brought about by the scarcity of land which leads investors to look elsewhere.
This is how Gamuda Berhad, a Malaysian property and infrastructure developer, envisions the Penang islands once the project is completed.
Yusof cited the Penang project would generate job opportunities for its people, especially those skilled in tasks related to the electrical and electronics industry. During his presentation at the Penang International Business and Investment Summit, Yusof highlighted that the three islands can take the lead to pursue new tourism products and have a Disneyland someday.
The concerted efforts of the companies involved will collaborate in developing three islands off the coast of Permatang Damar Laut to manage the transport plan.
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