Kuala Lumpur, 8 December 2014 – Eastern & Oriental Berhad (E&O) has
received approval for the commencement of reclamation works for the Seri Tanjung
Pinang Phase Two (STP2) project from the Penang State authorities. This follows
the sequence of approvals E&O had earlier obtained with regard to the
proposed STP2 project in Tanjung Tokong, Penang. Having fully complied with all
relevant requirements, E&O had obtained approval of the
Detailed
Environmental Impact Assessment (DEIA) by the Federal Department of
Environment in April 2014, and received endorsement of the STP2 Masterplan by
the Penang State Government inJune 2014.
With approval for the commencement of reclamation works for STP2, Tanjung
Pinang Development Sdn. Bhd., a subsidiary of E&O, is inviting qualified and
experienced contractors to participate in a Pre-Qualification exercise for the
reclamation project that is open to Malaysianand/or international contractors as
well as joint ventures between the two, who meet all mandatory requirements as
stated in the Notice of Pre-Qualification published in the national edition of
The Star and New Straits Times on 8 and 9 December, 2014. The main scope of
works include: land
reclamation works, soil improvement works, dredging
works, coastal protection works, marine piling works, and other associated
marine works. Closing date for the submission of the completed Pre-Qualification
document is 24 December 2014, 12 noon Malaysian time.
In 1990, a concession agreement was signed for the reclamation and
development in phases of 240 acres extending the Tanjung Tokong foreshore, and
760 acres of island reclamation offshore. When E&O took over the twice
abandoned project in 2003, this became known as Seri Tanjung Pinang 1 (STP1) and
STP2 respectively. E&O assumed the rights, obligations as well as
liabilities of the original concessionaire and proceeded to complete the
reclamation of STP1 in 2005. With development now nearing completion on STP1,
E&O is progressing with the planned reclamation
and development of
STP2.
At STP1, E&O has fully complied with its contractual obligations by
surrendering a total of 27 acres as State Government Reserve and land for public
uses, as well as 20 acres for the Penang Outer Ring Road (PORR) alignment. At
STP2, over and above the contractual obligation to surrender 60 acres on the
reclaimed island, E&O has agreed to reclaim at its own cost and surrender a
further 131 acres along Gurney Drive, bringing the total of 191 acres to be
surrendered to the Penang State Government as E&O’s contribution to
infrastructure development.
留言列表
