IJM Perennial Development tops out Penang Waterfront Convention Centre

Property News/ 26 January 2024 Leave a comment


IJM Perennial Development Sdn Bhd topped-out the Penang Waterfront Convention Centre (PWCC) on Tuesday.

PWCC, located in Gelugor, Penang, is set to be completed in 2Q2025, according to a press release dated Jan 23.

The Light City is jointly developed by IJM Corporation Bhd and Perennial Holdings Pte Ltd.

IJM Corporation group CEO and managing director Lee Chun Fai and Perennial Holdings executive chairman and CEO Pua Seck Guan concurred that PWCC will boost the Meetings, Incentives, Conferences and Exhibitions (MICE) sector and tourism industry in Penang.

“This event signifies more than just the nearing completion of a structure; it represents the realisation of our vision for The Light City. At the heart of the vision lies PWCC, a modern, state-of-the-art venue designed to facilitate connections, collaborations and innovation for both local and international communities. Its central role within The Light City underscores IJM’s commitment not only to constructing buildings but also creating spaces that actively contribute to the vibrancy and economic growth of Penang,” Lee said.

“Leveraging on our expertise in large-scale integrated mixed-use development, we are on track to not only elevate the MICE and retail standards in Penang, but also realise our vision of establishing The Light City as the finest integrated waterfront mixed-use development in Penang and the region for locals and the international community,” Pua commented.

PWCC sits atop retail mall The Waterfront Shoppes and has a gross floor area (GFA) of 330,000 sq ft. It features customisable column-free event space to host and support all kinds of events and scale such as international conferences, exhibitions, trade shows, seminars and live performances. The amenities provided in PWCC are a catering kitchen, sizable pre-function area, an open rooftop area, over 2,900 parking lots, 19 meeting rooms. It will also have a direct link to the hotels in The Light City.

The Light City is a 4.1 million sq ft freehold integrated development which is part of the 152-acre The Light Waterfront Penang masterplan. The Light City is developed in two phases with phase one consisting of PWCC; The Waterfront Shoppes with GFA of 1 million sq ft; residential project named Mezzo; as well as hotels and offices. Phase two will include an additional GFA of 500,000 sq ft to The Waterfront Shoppes; Lightwater Residences and other future developments.

Source: TheEdgeMalaysia.com

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