Penang Chief Minister Chow Kon Yeow indicated that the first phase of the Gurney Wharf project will be completed by 2023 and the entire project is expected to be fully completed by 2025.
He said the project will cost RM200 million and the Penang government will allocate RM60 million to the project in the Penang Budget 2023.
He said this during his presentation on Penang Budget 2023 today.
Chow also pointed out that the Gurney Waterfront project will be a new landmark in Penang in the future, and will increase the added value of Penang as well as boost Penang’s economic impact.