Really, Penang is to get a monorail over Penang Bridge. I do not know when and whether it will materialise but it will be a piece of good news. Read about it:
Melewar keen to build monorail over Penang Bridge
By Zuraimi Abdullah and Francis Fernandez
bt@nstp.com.my
June 23 2006
MELEWAR Industrial Group Bhd is interested in building a high-speed monorail network over the current Penang Bridge as part of its wider plan to construct a mass transit system for Penang Island.
“There is a plan to build a monorail over the current Penang Bridge and we mentioned it during our presentation to the Prime Minister,” the group’s head of business development Datuk Eric Lim said in an email reply to Business Times.
The cost of building such a network is believed to be in range of RM150 million.
“The monorail over the Penang Bridge will probably be in stage 2 because what is most important is to ensure that Melewar concentrates on the proposed monorail within the island,” said Lim.
Melewar is proposing to build a 51.12km Hi-Track ultra light loop monorail system in Penang within 28 months, if it gets the nod from the Government.
Its total fixed lump sum cost for the project is RM1.58 billion, documents provided by Melewar show. The same documents also show that Melewar expects the rail network to start churning profits in its ninth year of operations.
“This is one monorail that will be linked from point to point unlike what you see in KL. Once the proposed project is completed, we need to work with the relevant authorities on the extension to the mainland province,” said Lim.
Meanwhile, at a press conference yesterday, Melewar managing director Tunku Datuk Ya’acob Tunku Abdullah said that Prime Minister Datuk Seri Abdullah Ahmad Badawi was pleased with its proposal for the Penang monorail system, and had asked the Economic Planning Unit (EPU) to study it. (more…)