Malaysia to Build its First International Convention Centre

17 January 2011 (Last Updated January 17th, 2011 18:30)

The state government of Malaysia plans to build a new MYR300m ($99m) international convention centre in Bayan Baru. The project will create a "Penang People's Park" that includes the country's first subterranean Penang International Convention and Exhibition Center (sPICE), a seven-acr

The state government of Malaysia plans to build a new MYR300m ($99m) international convention centre in Bayan Baru.

The project will create a "Penang People's Park" that includes the country's first subterranean Penang International Convention and Exhibition Center (sPICE), a seven-acre public park on the rooftop and the refurbished and upgraded Penang International Sports Arena (Pisa).

Spanning 6,504m², it will also include a refurbished and upgraded aquatic centre, a four-star hotel with retail outlets and a 2,200-vehicle parking lot.

The Penang Municipal Council will contribute MYR11.55m ($3.7m) for the project.

Work on the project is expected to begin within three to six months and is slated to be complete by 2014, according to Malaysian Insider.