GEORGE TOWN: The Penang Development Corp (PDC) has announced a request for proposal to build an international theme park project worth more than RM100mil.
General manager Datuk Rosli Jaafar said PDC under the state government had identified two pieces of land in Bandar Cassia Batu Kawan to build an international theme park and a golf resort.
He said land for the theme park should be around 87ha with the golf resort about 190ha, while the request for proposal was for the purchase, lease and development of both or either of these two projects.
“The theme park should be a minimum of about 69ha, with the balance of land to be used for residential, commercial and other components related to the golf resort development,” he told reporters yesterday.
He said both projects must be fully completed within four years from the date of related agreement or within such extended time subject to payment of a penalty premium by mutual agreement between both parties.
“An earnest deposit of RM3mil will be collected to ensure the project is completed according to the timeline submitted,” he said.
He said the land tenure was 30 years plus 30 years lease for the golf course and theme park, with 99 years leasehold for other components in the development.
Rosli said the closing date for tenderers to submit their proposal would be Oct 31. – Bernama
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