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China loan application pending Penang Transport Master Plan approval: Guan Eng

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GEORGE TOWN: The Penang government will only submit an application for a bridging loan with Export-Import Bank of China (EXIM) when the Federal government approves the Penang Transport Master Plan (PTMP).  Chief Minister Lim Guan Eng said the state government will begin the process of obtaining the loan once it obtains approval for the multi-billion ringgit project. Read more

New Straits Times