Being honoured with World Heritage status is one thing, making it work for George Town is another. The city is not alone in struggling to draw advantages from such an award. There are others it can learn from. For that purpose, Lestari Heritage organised a conference on “Economics of Heritage Revitalisation” on Oct 8+9, 2009. Khoo Salma Nasution reports.
MORE THAN A YEAR after Penang and Malacca were conferred World Heritage status, some people still wonder whether the award is more of a burden than a boon. While Unesco and the international heritage community have acknowledged George Town's unique qualities, some Penangites still need convincing.
Since the loss of free port status around 1970, George Town has been in decline. In light of the global economic slowdown, the real estate sector is worried that height restrictions on the city will only dampen Penang's economic buoyancy.
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