Malaysiakini News

CM announces RM100m fund to rebuild Penang

Susan Loone  |  Published:  |  Modified:

PENANG DUN | Penang Chief Minister Lim Guan Eng has announced that a RM100 million disaster programme dubbed “Penang Bounce Back” will be launched to address the flood issues in the state.

“The fund will be used to assist flood victims to return to their normal lives, and to rebuild and restore Penang,” Lim said while tabling a ministerial statement on the issue at the State Legislative Assembly today.

“An RM500 one-off grant will be provided for the victims of the flood. We will launch the Penang Bounce Back programme on Sunday, Nov 11 and 12,” he added.

According to Lim, the fund will benefit 100,000 households or businesses affected by the disaster statewide.

He added that RM50 million is expected to be spent on the one-off aid package of RM500 for households and businesses, but stressed that each household can only apply for the aid package once...

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