Apart from busy adding more languages on road signs and jockeying to change road names, apparently the Penang state government is attracting foreign investors to invest in a very important project: a golf course.
PENANG, Nov 1 – Penang has welcomed a South Korean conglomerate commitment to build a US$100 million (RM360 million) golf course in Batu Kawan despite the global economic gloom, saying it is a testimony of Korean confidence in the island state’s future under the new government.
The project by DK ENC, which has built golf courses in South Korea and also one in Ho Chi Minh City in Vietnam, will be completed in 2013 and is the most expensive in Penang. DK ENC signed an agreement for the golf course with the Penang Development Corporation (PDC) during Chief Minister Lim Guan Eng’s visit to Seoul on Thursday.
“This project will not only give an opportunity for Koreans to indulge in their love for golf but also offer employment and business opportunities for Penangites,” Lim said in a press statement issued this afternoon.
He said the golf project also showed that Korean investors believe in the new government’s commitment to transforming Penang into an international city. [Penang gets RM360 million Korean golf course. The Malaysian Insider. November 1 2008.
I like it how the Chief Minister of Penang said “This project will not only give an opportunity for Koreans to indulge in their love for golf but also offer employment and business opportunities for Penangites“.
It sounds so shallow that is almost humorous. What kind of employment is that sir? Caddies?
Does Penang need another golf course anyway?