In 2009, Khazanah Nasional Berhad completed the George Town Transformation Programme (GTTP), which is an urban regeneration strategy focusing on making George Town a more liveable and sustainable city and therefore attractive to talent and investments. The urban agenda has since become a top national priority. The George Town Grants Programme (GTGP) is the first phase of that wider urban regeneration programme focusing on addressing the key challenges facing George Town including an ageing population, declining public amenities, lack of investments and all other problems associated with a city that is hollowing out.
Think City’s approach to urban regeneration in George Town is a holistic one, taking into account that the city, especially the inner-city, is a world heritage site. This means augmenting urban planning by taking into account sustainability, environmental issues, civil society, cultural and social ramifications.