Langkawi's first integrated leisure, retail,
residential and commercial project is set to come up in the north-west Pantai
Kok-Teluk Burau area of the island in the next decade, while a Movie Animation
Park Studios theme park is slated for development in Meru, Perak.
Property and leisure group Tradewinds is
pumping in some RM4 billion (US$1.2 billion) into the first project, Perdana
Quay, and is targeting luxury travellers, reported Malaysian newspapers
yesterday.
The project spans 10 to 12 years and will be
built in six construction phases covering a total of 96 hectares of land. Phase
one and two will include nature and family-oriented attractions such as
butterfly, forest and water-themed adventure parks.
According to a recent report in Malaysian daily
The Star, phase three will see the development of retail outlets, hotel
and convention facilities aimed at Malaysia’s traditional tourist markets –
China, Middle East and the UK.
The report further added that phase four and
six will roll out the marina, waterfront, foothills and lakeside-serviced
residences while phase five will see the construction of a spa and wellness
centre.
Tradewinds’ group chief executive officer,
Shaharul Farez Hassan, was quoted as saying: “It is a unique destination providing
an enviable mix of luxurious resort hotels, vibrant yet refined shopping and
entertainment, unique nature-themed tourist attractions and distinctive
residential properties.”
Meanwhile Australia-based multi-national
corporation, Sanderson Group, is making its inaugural investment in Malaysia to
develop a Movie Animation Park Studios (MAPS) which is scheduled for completion
by end-2015.
Located on a 20.8-hectare site in Meru, off
the North-south Expressway, the project is a partnership between Sanderson
Group and Perak Corporation.
MAPS
will feature six zones and will bring to life DreamWorks animated features such
as Mr Peabody & Sherman and Casper the Friendly Ghost.
-TTG Asia.
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