How much land does PDC aim to acquire in its new strategic plan?

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PDC Plans to Acquire 3,000 Acres of Land in New Strategic Plan

The Penang Development Corporation (PDC) has outlined a new five-year strategic plan that includes the acquisition of 3,000 acres of land. This initiative is a key component of their RM5 billion plan for the period of 2024–2028, with a significant portion of the budget allocated specifically for this land expansion.
Land Acquisition Budget and Scope

A substantial RM3 billion from the total RM5 billion estimated cost of the strategic plan is earmarked for the acquisition of these 3,000 acres. This land is intended for development into industrial areas, addressing concerns that PDC's current land banks are projected to be depleted by 2030. The targeted acquisition areas include regions in North Seberang Perai, Central Seberang Perai, and South Seberang Perai.
Land Acquisition and Reclamation Strategies

While specific locations for the land acquisition have not yet been identified, PDC is actively exploring possibilities. In addition to direct purchase, PDC also plans to increase its land bank through land reclamation projects. These efforts are part of a broader strategy to ensure sufficient land is available for future industrial development and to attract investors by providing ready infrastructure.
Integrated Ecosystem Development

Beyond land acquisition, PDC's strategic plan encompasses the creation of a comprehensive ecosystem to support the industrial sector. This includes the development of logistics and distribution hubs, as well as workers' quarters. An 80-acre site near Penang International Airport is designated for a logistics and distribution park, and a 24.6-acre land within the Batu Kawan Industrial Park in Bandar Cassia will host a similar logistics hub. Four workers' quarters projects have been launched in the Bandar Cassia area, with capacities to house over 30,000 workers, aiming to provide essential amenities for the workforce.

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How much land does PDC aim to acquire in its new strategic plan?

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