Karambunai Integrated Resort City

Karambunai Integrated Resort City
General information
Status On hold
Location Sabah
Town or city Kota Kinabalu
Country Malaysia
Construction started 2012
Estimated completion 2019
Cost MYR9.6 billion[1][2]
Owner Karambunai Corp Bhd
Petaling Tin Berhad

The Karambunai Integrated Resort City is a resort mixed development projects comprising water theme park, water spectacles and fountain, cable car, mangrove research centre, harbour cruise, aqua and spa village as part of the Tenth Malaysia Plan (10MP) and Economic Transformation Programme (ETP).[1][3] It is the largest resort project in Sabah,[4] covering an area over 3,339 acres and would create between 20,000 and 50,000 jobs for locals once it finished.[5]

In 2011, Cambodia's China Central Asia Group (CCAG) has teaming up with Karambunai Corp Bhd with the company will invest around RM310 million on the project.[6]

References

  1. 1 2 "RM9.6bil Karambunai Resort City plan". Daily Express. 20 April 2011. Retrieved 27 September 2016.
  2. ↑ Siva Sithraputhran (16 September 2011). "Malaysia's economic masterplan faces battle to win big private investment". Reuters. Retrieved 27 September 2016.
  3. ↑ "Karambunai Integrated Resort City". Suria Group. 19 April 2011. Retrieved 27 September 2016.
  4. ↑ The Report: Malaysia 2012. Oxford Business Group. 2012. pp. 171–. ISBN 978-1-907065-67-5.
  5. ↑ "Karambunai resort potential for 50,000 jobs: CM". Daily Express. 13 January 2011. Retrieved 27 September 2016.
  6. ↑ Joseph Chin (18 March 2011). "Cambodia group to invest RM310m in Karambunai beachfront mixed devt". The Edge (Malaysia). Yahoo! News. Retrieved 27 September 2016.

External links

This article is issued from Wikipedia - version of the 10/28/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.