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The 246-hectare Melaka Gateway project by KAJ
Development will comprise one natural and two man-made islands with an
estimated gross development value of RM40 billion (US$12 billion).
Said Malaysian prime minister Mohd Najib Tun
Abdul Razak, who unveiled the plan: “Melaka Gateway is a ground-breaking and
innovative tourism product that complements the government’s tourism ambitions.
This development is projected to attract an additional 2.5 million tourists
over the next 12 years with high-yield consumers expected to contribute
substantially to the tourism earnings of Malaysia.”
Memorandums
of understanding were signed with international industry leaders and investors,
including Royal Caribbean Cruises.
Expected to be completed by 2025, Melaka
Gateway is expected to drive home Malacca’s maritime importance through the new
Melaka International Cruise Terminal and Ferry Terminal for up to three cruise
ships, a world-class maintenance and repair facility for mega yachts and the
region’s largest marina with up to 1,000 berths.
Shoppers can look forward to an outlet mall
of 450 stores with international brands and a UNESCO Heritage Promenade for
local crafts, while thrillseekers may head to the 24-hectare theme park or take
a ride on the Malaysia Eye, a 100m tall ferris wheel providing views of the
Melaka Straits.
The Gateway Beacon Tower, a 288m tower with
over 80 storeys, will be home to a seven-star hotel and premium condominiums.
Marina villas with individual berths right at the resident’s doorstep will also
be available.
Other projects earmarked on the master plan
include a Gateway Floating Stadium for occasions, a beach, park and
self-sustainable eco-resort to be powered by renewable energy. Melaka
Gateway will also see two bridges linking Melaka Gateway with mainland Malacca,
as well as a 5km long monorail and road access on Gateway East and Gateway
West.
-TTG Asia.
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