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PENANG HILL TO GET RM100 MILLION FUNDING



The Federal Government has announced RM 100 million funding for Cable Car Project at Penang Hill. The project estimate is around 130 Million and right now PHC Penang Hill Corporation is working on the feasibility study.

“Right Now the visitors to Penang Hill are using Funicular Train Ride. 1.74 Million riders have been recorded in 2018 using Funicular Train. And the numbers of local and foreign tourists are rising. Hence Cable Car Project will be an add on element so as to provide an aerial view of Penang Hill and it shall definitely lead to more tourist arrivals” quoted Mr. Cheok Lay Leng, GM, Penang Hill Corporation.

Situated at 2733 ft from sea level, Penang Hill offers the panoramic views of the island and the mainland. Penang Hill Funicular Railway, with steepest tunnel track in the world is the longest track in Asia. Apart from the views it has to offer, Penang Hill has ample space for corporate get together, variety of food options so as to create the super effect for your event. And the icing on the cake is lush green environment, which sets it apart from the city venues.

A Visit to Penang Hill was incorporated in the itinerary for Buyers during PITE 2019 at Penang. Almost 80 Buyers from 11 countries got the opportunity to explore the Hill. VIP entrance in Funicular Train ride was arranged for the delegation. The whole idea was to let them experience Destination from the perspective of MICE, Events and even FIT premium segment clients.

PITE 2019 concluded successfully in Penang with presence of 60+ sellers from Penang and 80+ International Buyers and Media across 11 countries.

“PITE 2018 was totally focused on India market where we hosted 100 Buyers. This year we have invited buyers from 11 countries in order to make it more focused and expanded the horizon. Out of 495 applications we have zeroed down to 80 potential ones. Post PITE 2018, we have witnessed growth ranging from 11 to 13% in tourist arrivals from India Market” stated Mr. Ashwin Gunasekeran, CEO PCEB

PITE 2020 IS SCHEDULED FROM 6th TO 10th OCT IN PENANG


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