RM10bil satellite town planned in Putatan
Published on: Wednesday, August 12, 2020
By: Larry Ralon
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Arsit (seated centre) showing the artist’s impression of the proposed project.
PUTATAN: The district will have a 100-acre shopping mall cum premier outlets square with special Commercial Free Trade Zone (FTZ) status several years from now, part of a mega mixed development to be developed at Dumpil Bay, along Kota Kinabalu-Putatan-Lok Kawi highway. The special Commercial FTZ status has been applied and at a final stage of approval by the Federal Government, said Datuk Seri Dr Arsit Sedi who is Chairman of Setara Juara Sdn Bhd (SJSB), the developer, at a press conference, Tuesday.
He said the said shopping mall and premier outlets square are part of the mixed development which would also consist of tourism, commercial, international second home, hotels, Airbnb, recreation and theme park to be developed on 250 acres at an overall cost of over RM10 billion.
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