Karambunai Integrated Resort City
General information
StatusOn hold
LocationSabah
Town or cityKota Kinabalu
CountryMalaysia
Construction started2012
Estimated completion2019
CostMYR9.6 billion[1][2]
OwnerKarambunai Corp Bhd
Petaling Tin Berhad

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

In 2011, Cambodia's China Central Asia Group (CCAG) teamed up with Karambunai Corp to invest around RM310 million in the project.[6]

References

  1. ^ a b "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


Buildings in the Kota Kinabalu metropolitan
Main public and private service skyscrapers and structures in Sabah
Categories