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Arab City Melaka to cost over RM1 billion

Posted on: May 7, 2009


By recast, inserting additional info throughout Bernama – Wednesday, April 29

MELAKA, April 28 (Bernama) — Arab City Melaka, the integrated commercial project in the state, will cost over RM1 billion, with construction expected to be completed in the first quarter of next year, its developer announced today.

Hesham Fathi Mohamed, Managing Director of Golden Corporate Heritage Sdn Bhd (GCH), the developer, said the project covering 46.9 acres (18.76ha), is located in three areas — Pulau Melaka, Klebang and Kampung Jawa.

He was speaking to reporters after the ground-breaking of Arab City Melaka, a joint-venture between the Melaka state government and GCH, at Pulau Melaka here.

Also present were Melaka Chief Minister Datuk Seri Mohd Ali Rustam and GCH chairman Sheikh Saleh (rpt Saleh) Mansor.

Hesham said the whole Arab City project was initially estimated to cost RM400 million.

— MORE

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