Penang govt postpones ferry services takeover

GEORGE TOWN: The DAP-led Penang government has decided to postpone its proposed takeover of ferry services in the state to another date yet to be decided, said Chief Minister Lim Guan Eng.
He said the decision was made at the State Executive Council (Exco) Meeting on March 30 and confirmed on April 6.
The state government, he said, was concerned over management and supervision by the Penang Port Commission (SPPP) which would affect tens of millions of ringgit in investments in ferry services if it was not managed professionally and competently.
"In determining the direction of the proposed ferry services takeover, the Exco has agreed that this matter be discussed in greater detail first between Transport Minister Datuk Seri Liow Tiong Lai and myself, he said in a statement here today.
"Through this discussion we hope to clarify on several key points relating to SPPP's role and regulatory powers, he said, adding that it was important that SPPP be managed professionally according to international standards. — Bernama