Putting the Bn in an Awkward Position

Summary


IN PENANG, THE PENANG DEVELOPMENT Corporation (PDC) is sacred. It's so influential that it's often seen as the real power behind the state government.

The PDC is one of the most successful state investment promotion agencies in the country.

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Extract


Putting the Bn in an Awkward Position

It was, in a way, the product of the 1969 race riots and the change of government from the MCA-led Alliance to the Opposition Gerakan. Gerakan and the Islamic party Pas later joined the Alliance to form the Barisan Nasional (BN).

PDC was incorporated in November 1969 to develop, plan, implement and promote development projects on behalf of the state government in three main areas, namely, property development, entrepreneur development and investment.

It participates in such sectors as education, healthcare services, tourism, hotels, heritag...

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