CJMY
Island Plaza in Tanjong Tokong, once a bustling hub of commerce, entertainment, and social interaction, fell into neglect over the years with the emergence of new shopping malls in the state offering stiff competition with one another.
However, a Hong Kong businessman, Paul Law, has now taken over the iconic landmark with the vision of giving it a much-needed new lease of life. The building will go through redevelopment, redesign, and major revamping to become a preferred destination filled with exciting and fun activities once again. It will be renamed ‘Island 88.’
Chief Minister Chow Kon Yeow said during the groundbreaking ceremony for the new project that the rebirth of Island Plaza into Island 88 is a testament to their commitment to preserving Penang’s heritage while embracing modernity and progress.
“This would not have been possible without the commitment of Paul Law and Philip Law from the management (Hong Kong), as well as their team’s tireless efforts and dedication to ensure that this project is kickstarted with the highest standards of quality and safety,” he added.
Island 88: A modern and State-of-the-Art facility
The refurbished Island 88 will be a sight to behold, a modern, state-of-the-art facility that will provide people with world-class shopping, dining, and entertainment options.
“It will be a source of pride for Penang, a reflection of our unwavering commitment to progress, and a clear indication of our resilience in the face of adversity,” said Chow during the groundbreaking ceremony.
The project will not only provide a boost to the local economy, but it will also offer employment opportunities for many.
“We hope that the reopening of Island 88 will generate jobs and stimulate growth, creating a vibrant environment for everyone to enjoy,” added Yeoh Soon Hin, the state Tourism and Creative Economy Committee chairman.
Penang and Hong Kong: Striking similarities
There is no denying that Penang and Hong Kong have many striking similarities. Both cities have diversified cuisines, vibrant food cultures, multicultural heritage, and similar British colonial memories. They both offer a variety of entertainment options, including festivals, vibrant arts scenes, galleries, museums, and street art.
“Such striking similarities that Penang has with Hong Kong are the pull factors that have attracted investors such as Mr Paul and Philip Law who find themselves very much at home here,” said Chow during the groundbreaking ceremony.
The project is a collaborative effort to ensure that progress continues unabated, with Chow urging everyone to work together to make it a success.
“Hence, I urge all of you to join me in celebrating this momentous occasion and to look forward to the grand opening of Island 88 with excitement and anticipation. Our city is on the rise, and we must all work together to ensure that our progress continues unabated,” he added.
Island 88, a symbol of progress and resilience
The reopening of Island 88 is a significant step towards progress and resilience in the face of adversity.
“The rebirth of Island Plaza into Island 88 is a clear indication of our resilience in the face of adversity, and a reflection of our unwavering commitment to progress,” said Chow during the groundbreaking ceremony.
With the commitment of the new management, Penang’s heritage will be preserved while embracing modernity and progress, ensuring that Island 88 will be a preferred destination for locals and tourists alike.
Source: Buletin Mutiara
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