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[BUSINESS] · Malaysia · 3 sources

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Air Itam–Tun Dr Lim Chong Eu bypass project nears completion in Penang

The Air Itam to Tun Dr Lim Chong Eu Expressway bypass project in Penang has reached over 93 percent physical progress and is expected to be completed by April 2027. Chief Minister Chow Kon Yeow confirmed that the contractor, Consortium Zenith Construction Sdn. Bhd., can proceed with the remaining works using internal funding despite a failed auction of a six-acre land parcel near Gurney Bay.

The land, which was offered for mixed-use development at a reserve price of RM313.632 million, attracted no bidders during the October 7 auction. The project is being financed through a land-swap arrangement where the contractor receives land in lieu of cash payments for completed work.

Other infrastructure packages remain under review. The North Coastal Paired Road (NCPR) alignment is being re-examined for technical suitability and environmental impact, while the highway network from Gurney Drive to Jalan Pintasan Tun Dr. Lim Chong Eu is undergoing further study by the state government.

Entities

Chow Kon Yeow · Consortium Zenith Construction Sdn. Bhd. · Penang · Zairil Khir Johari