Penang Hill cable car project moves forward with RM367 mil financing from Bank Pembangunan

By Intan Farhana Zainul & David Tan The Penang Hill cable car project is estimated to be completed by early 2027 GEORGE TOWN (Aug 6): Bank Pembangunan Malaysia Bhd (BPMB) will be providing RM367.2 million in financing for the Penang Hill cable car project, paving the way for full-scale construction to begin. On Wednesday, BPMB signed […]
Cable car to unlock new economic opportunities

By ARNOLD LOH Thursday, 14 Aug 2025 (From left) Ravindran presenting a token of appreciation to Chow. With them is Mohamed Nazri at the signing ceremony for the financing of Penang Hill Cable Car Development. — LIM BENG TATT/The Star ONE feature of the coming Penang Hill cable car system that often gets misunderstood is its […]