Penang secures RM33.22b for 280 federal development projects

Penang, Malaysia, has secured RM33.22 billion for 280 federal development projects as part of the Second Rolling Plan (RP2) of the 13th Malaysia Plan (13MP) for 2027. The projects, comprising 44 new and 236 ongoing initiatives, have been approved by Chief Minister Chow Kon Yeow, with RM2.68 billion allocated for implementation in 2027.

Among the new projects, four state priority projects submitted by the Penang state government in February have also been approved, including the Sungai Keluang Ubi Flood Mitigation Scheme, the upgrading of Jalan Bukit Tambun FT149, the Sungai Perai Flood Mitigation Scheme (Phase 2), and the mapping and development of the state's groundwater resources.

Additionally, Penang is set to strengthen strategic cooperation with the federal government to establish the Penang Technology Financial Centre, which is expected to contribute RM12.1 billion to the country's GDP and support over 71,000 jobs over the next 15 years.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.