The Better Bankside BID was initiated in 2005 to make it a safe place to work, live and visit. Among the efforts taken to make it pleasant for business and the people were improving public safety, street cleaning services and public spaces, offering high-quality meeting facilities and holding regular employee networking events.
And effective January 2010, any academic staff who is supported by WOU to attend a conference should first give an internal presentation to the other academics.
“The advantage is that they can get input from the others while the university gets some assurance that certain quality standards are met,” remarked Prof Wong.
Bankside transformed from an industrial zone with only about 2,800 residents in 1998, to a district with some 50,000 people who reside or work here, while over 5 million visitors come every year.
Hyslop found many similarities between George Town and Bankside, and believed that business-led regeneration and balanced development can happen in Penang. He added that the business community must sustain a good working relationship with the government and local communities.
Some 50 people, including those from the business sector, non-governmental organisations and the government, attended the talk.