GEORGE TOWN: The Penang International Airport (PIA) will be expanded through a private financing initiative (PFI) as the government is running short on funds, says Finance Minister Lim Guan Eng.
He said a private company would be picked through an open tender to expand the PIA at an estimated cost of RM1.2bil by the end of this year.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!