GEORGE TOWN (June 20): The Penang government will discuss the status of key projects in the state during a meeting with Finance Minister II Datuk Seri Amir Hamzah Azizan on Friday.

Chief Minister Chow Kon Yeow said the projects include the construction of the Juru-Sungai Dua Elevated Highway, and the Perak-Penang Water Project.

"The state government will receive feedback from the finance minister II and Ministry of Finance (MOF) officials regarding major projects to be implemented in the state.

"Additionally, we will discuss incentives for companies investing in the Integrated Circuit Design and Digital Park in the state. We hope the MOF will support and help to provide these incentives," Chow said at a press conference in the Chief Minister's Office on Thursday.

He also plans to propose to the federal government a review of the tax distribution system, requesting that at least 20% of tax revenue collected from Penang be refunded to the state.

Chow stated that he recently raised the issue during a state legislative assembly sitting. 

He said he would first present the proposal to the Penang State Executive Council before taking it to the federal level.

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