Growth Triangles may be seen as economic and social transaction space covering parts of several adjoining countries to improve their regional competitiveness. Some examples of growth triangles and regional co-operation are SIJORI, IMT-GT, BIMP-EAGA and the Mekong River Commission. This paper attempts to analyse the impact of the Indonesia-Malaysia-Thailand Growth Triangle (IMT_GT) on urban growth and development in Penang, which, historically, has been the hub of the region for educational, trading, and other transactions. The impact of the IMT-GT is to further strengthen the resolution of Penang to maintain its hubship and this has substantially influenced urban planning and development. The result is increasing verticalisation and gentrification in the urban core and the expansion into the periphery in the form of an Extended Metropolitan Region. The concept of IMT-GT also opens up the polemical possibility for borderless urban linkages in the form of regionopolises that may alleviate the negative externalities arising from rapid urban growth.
|Powerpoint Presentation: Growth triangles and regional cooperations as a driving force in SEA (pdf)||2.28 MB|