Taiwan’s top realtor plans RM1b resort on Pulau Mengalum
Published on: Thursday, October 14, 2021
Hajiji (fourth left) with Chou Chun Chi (fifth right) and his entourage after the courtesy call.
Kota Kinabalu: Taiwan’s largest real estate company has expressed interest in putting up an ultra-luxury 5-star eco-tourism resort at Mengalum Island, about an hour and 15 minutes boat ride from here.The State Government welcomed the plan which is estimated to cost over RM1 billion in total development.
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“Tourism is very important for Sabah and the sector is identified as one of the three main thrusts in the development of the state in our Hala Tuju Sabah Maju Jaya (SMJ),” said Chief Minister Datuk Seri Hajiji Haji Noor, after meeting a delegation from Sinyi Realty Group at Menara Kinabalu, Tuesday.
Hajiji was pleased that Sinyi had chosen Sabah for their investment.
“Sabah is one of the most beautiful states in Malaysia and we have so much to offer in terms of investments in the tourism sector,” he said.
He assured the Sinyi Group that the State Government would provide necessary assistance to facilitate their investments.
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Sinyi Group Chairman, Chou Chun Chi said the development at Mengalum is set to capture the niche high-end tourism market.
“It will provide about 2,400 job opportunities for locals and is expected to bring in 97,000 tourists to Sabah annually,” he said.
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The Pulau Mengalum.
He was accompanied by Sinyi Group Vice Chairman, Chou Wang Mei Wen, General Manager, Chow Kok Yein, Senior Manager, Tann Chung Yong and Project Manager, Chou Chun Hao.
State Tourism, Environment and Culture Assistant Minister, Datuk Joniston Bangkuai, who is also Chairman of the Sabah Tourism Board (STB), was also present.
Having acquired more than half the island for RM266 million in 2019, the Sinyi Group plans to restore the barren part by reforestation as well as rehabilitate the surrounding coral reefs damaged by fish bombings.Stay up-to-date by following Daily Express’s Telegram channel.
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