Which developer is responsible for handing over the land for the waterfront?

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Tanjung Pinang Development Sdn Bhd is Responsible for Land Handover

Tanjung Pinang Development Sdn Bhd (TPD) is the developer tasked with handing over the land designated for Penang's first waterfront project to the state government. This handover is anticipated to be completed by September 2020, paving the way for the development of Gurney Wharf. The waterfront itself will span 53.05 hectares as part of the Gurney foreshore reclamation project.
Land Handover Timeline

The state government expects to receive the entirety of the 53.05 hectares allocated for the waterfront from Tanjung Pinang Development Sdn Bhd by September 2020. To date, the state has already received an initial 15 hectares of this land. This phased handover is crucial for the subsequent development stages of the Gurney Wharf project.
Gurney Wharf Project Scope

The waterfront development is situated on a significant portion of the Gurney foreshore reclamation project, specifically encompassing 53.05 hectares. This area is being developed to create a public park and recreational space, a commitment made by the state government. The project is proceeding in phases, with agreements to be signed with consultants and tenders to be called for the physical construction work.
Public Opening of the First Phase

The first phase of Penang's waterfront is projected to be accessible to the public in the first quarter of 2021. This timeline suggests that construction and landscaping activities are expected to commence around June or July, following the finalisation of contracts. The state government has indicated that the walking and cycling tracks have already been completed, with ongoing efforts focused on landscaping and grass planting.

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Which developer is responsible for handing over the land for the waterfront?

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