GEORGE TOWN: Penang Barisan Nasional is asking the National Economic Council (NEC) to review the proposal to sell Penang Port to tycoon Syed Mokhtar Al-Bukhary.
Chairman Teng Chang Yeow said the NEC should deliberate further on the needs and demands of the shipping industry and other members of the business community as well as consider public sentiment.
The call appears to be a reaction to DAP’s heavy criticism of the proposed sale.
DAP leaders have said the sale would thwart Penang’s projected growth into a vibrant regional economic hub and explained that this was the reason behind the state government’s bid to buy the port last year.
The federal government, however, decided to sell it to Syed Mokhtar.