Temasek-Penang project seeks global names as tenants
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE upcoming mixed-use development in Penang by Temasek and Penang Development Corporation (PDC) is targeting international companies as tenants in a bid to bolster Penang's role as a major business process outsourcing (BPO) hub. The Economic Development Innovations Singapore Pte Ltd (EDIS) said that it hopes to draw international names to set up shop in the 2.7 hectare mixed-use site, which is about seven minutes' drive from the second Penang bridge and the Penang airport.
Known as BPO Prime, the project in the Bayan Baru township will have a total gross development value (GDV) of S$500 million when completed in two to three years, said EDIS, the project's master development manager.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
