What a better way to across a channel? In this case, the Penang Channel that separated Penang Island from its mainland besides the three existing solutions of First Penang Bridge, Penang New Landmark | Second Penang Bridge | Sultan Abdul Halim Mu'adzam Shah Bridge and its decades old Penang Ferry Service.
The answer (my friend) is Penang Cable Car or aptly called Penang Sky Cab conceptualization and conceive to be in operational mode in 2018. This will enhance the transportation connectivity between Penang Island(Georgetown) and mainland Butterworth. It'll also ease the current traffic congestion at the current Raja Tun Uda ferry terminal(island side) at Weld Quay in George Town in Penang Island during peak hours.
Penang Chief Minister Lim Guan Eng, who announced the project, said the proposal would link Penang Sentral Transportation Hub in Butterworth to Nordin Street Ghaut (outside of UNESCO Penang Heritage Zone) in George Town along 3km cable car route. The Penang Sentral Cable Car Station would be located next to Penang Sentral Transportation Hub which will become five-in-one traveling hub. The link is said to take a ride of 15 minutes each way. The estimated cost for the implementation of cable car system/sky cab is between RM250 million to RM300 million.
It's expected to conceive in three years time (2018) if everything goes according to technical specifications. The Penang Sky Cab is said to be in advanced exploratory stage as of now. This could also be the precursor of Penang state tourism industry and Malaysia/Penang my second home.
Will the Penang Sky Cab see the daylight? With relative low construction cost, decrease dependency on automobiles, shorter time (15 minutes) to travel to mainland/Penang island (vice-versa) and the site station land in Nordin Street Ghaut that reported to belong to Penang State government, the feasibility seems possible...but only time will tell.
The integration across Penang Transportation's structures will further be enhanced in future with The Tunnel Link: Malaysia | Penang 2013 Blueprint Development | One Penang, Two halves, Three links...what is it for me as investor/developer?)
Boldly go. LLAP
This report is been compiled by VULCAN INT'L Real Estate Research Institute www.VulcanResearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .
