Penang wants the federal government to approve another five allocations for high impact mitigation projects that would resolve flood problems in the state.

Chief Minister Lim Guan Eng said the allocation for the five projects, which the state had applied for, totalled RM997 million.

"But only RM150 million was approved for the Sungai Pinang flood mitigation project," Lim said in a statement today.

"This project actually cost RM350 million, which means only 15 percent of the state's application for allocation from Budget 2017 was approved."