PDC calls RFP for redevelopment of 13.25-acre website in George City Heritage Space

The Penang Improvement Company (PDC) has referred to as for proposals to buy and develop a big parcel of Penang State Authorities and PDC-owned land situated inside the George City UNESCO World Heritage Web site, marking one of many extra notable redevelopment initiatives inside the protected heritage zone.

In accordance with the Request for Proposal (RFP), the mission entails land located in Part 23, Northeast District, Penang Island. The tender is open to each native and worldwide corporations or consortiums.

events could buy the RFP doc from 26 January to 26 February 2026, at a non-refundable payment of RM5,000. The paperwork may be obtained from PDC’s Property Improvement & Administration Division in Bayan Lepas, with fee made through on-line switch. Upon affirmation of fee, the RFP may additionally be issued electronically.

PDC has indicated a departmental indicative worth of RM343.73 million for the land. Nevertheless, it emphasised that this determine is an estimate solely and isn’t binding, nor does it assure mission award or completion primarily based on the acknowledged quantity.

Tenderers are expressly prohibited from getting into into any type of price-fixing or cartel preparations through the tender course of. Submissions have to be made in sealed envelopes and deposited at PDC’s Procurement Division by 12.00 midday on 30 March 2026.

The redevelopment proposal varieties a part of PDC’s broader efforts to rejuvenate authorities land inside George City’s heritage core, the place improvement is topic to stricter planning controls and conservation necessities. Additional particulars, together with improvement parameters and analysis standards, are contained inside the full RFP doc.