 |
| From left: Yong Chee Kong - President & COO, Genting Plantations Berhad; Datuk Abdul Ghani Abdullah - Director, Genting Plantations Berhad; Hui Lim - ED & CIO, Genting Group; Datuk Seri Jebasingam Isaace John - CEO, East Coast Economic Region Development Council; Jean Marie Pin Harry - GM, Genting Simon Sdn Bhd; Dr Sarinder Kumari - Director of NKEA Tourism, PEMANDU; Ching Yew Chye - Director, Genting Plantations Berhad. |
Malaysia and
South East Asia’s first hilltop Premium
Outlet Centre is closer to becoming a reality, as
construction work is about to begin on Genting
Premium Outlets. As the 85th Premium
Outlet Center in the Premium Outlets portfolio, development for the 600,000 square feet Genting Premium Outlets is expected to cost a total of RM200
million and is targeted for completion in the last quarter of 2016.
Situated at
Genting Highlands Resort within the East Coast Economic Region, Genting Premium Outlets will offer a
gross leasable area of approximately 300,000 square feet that will
house 150 designer and brand name stores and 4,000 parking bays for cars and
buses. Operated by Genting Simon Sdn Bhd, Genting
Premium Outlets is a key component of the Genting Integrated Tourism Plan,
a 10-year development, expansion, enhancement, refurbishment and infrastructure
master plan; an illustration of private sector participation under the Economic
Transformation Programme.
Genting Simon
Sdn Bhd is a wholly owned subsidiary of Simon Genting Ltd, a 50:50 joint
venture between Genting Plantations Bhd and Premium
Outlets, the outlet division of Simon Property Group.
“We are proud
to have Genting Premium Outlets as a
hallmark development within the Genting Integrated Tourism Plan (GITP). Its
strategic location within Genting Highlands will allow Genting Premium Outlets to leverage and also further enhance
Genting Highlands’ attraction as a major tourist and holiday destination that
draws about 20 million visitations annually,” said Tan Sri Lim Kok Thay, Chairman
and Chief Executive of Genting Group. “As we realise the ambition of this
development, we hope to further cement Malaysia’s position as South East Asia’s
shopping haven and a preferred investment destination for retail and real
estate that has the potential of generating high growth,” he added.
Stephen Yalof, Chief
Executive Officer of Simon Premium Outlets added,
“Following the success in Johor, we are very pleased to announce the opening of
our second centre, Genting Premium
Outlets, in Malaysia. The collection of brands and overall shopping
environment will offer visitors to Genting Highlands an upscale shopping
experience at impressive savings, synonymous with the Premium Outlets reputation.”
When officially
open, Genting Premium Outlets promises
to deliver a unique and distinctive shopping experience. The upscale mix of
international designers and exceptional brand name stores at Genting Premium Outlets will offer
retail aficionados impressive quality savings of 25% to 65% every day, making
every visit “always worth the trip”.
Genting Premium Outlets is situated
within Genting Highlands and is well connected to the capital city, Kuala
Lumpur by car, bus, taxi and cable car (from Genting mid-hill to the peak).
Highly accessible, it is approximately 45 minutes drive from Kuala Lumpur and
within 1.5 to 2 hours drive from Ipoh, Kuantan and Seremban via the North-South
Expressway and Karak Expressway.
The
announcement today also coincides with the unveiling of the Premium Outlets new
brand identity that will effectively synergise Simon Premium Outlets
sophisticated and aspirational premium shopping experiences all around the
world.
For more information, visit the
www.premiumoutlets.com.my.
-Genting Simon Sdn Bhd
No comments:
Post a Comment
Note: only a member of this blog may post a comment.