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Monday, July 25, 2011

RM300 MILLION INVESTMENT IN MELAKA

July 25, 2011 19:07 PM

Plentifield Invests RM300 Million In 'Best Western Premier Melaka'

MELAKA, July 25 (Bernama) -- Property firm Plentifield Marketing Sdn Bhd is building a five-star hotel and commercial centre called "Best Western Premier Melaka" involving RM300 million investment in the Ayer Keroh Botanical Park here.

Its managing director, Dr Teoh Lian Hong, said the nine-storey hotel and five commercial blocks were expected to complete by end of 2013.

"The project is being developed on a 2.8ha site with modern and green technology features.

"It will house, among others, entertainment centres, shoplots, halls, corporate offices and meeting venues on par with those in luxury hotels overseas," he told reporters after the project's groundbreaking ceremony today.

Melaka Chief Minister Datuk Seri Mohd Ali Rustam officiated the ceremony. Present was Hang Tuah Jaya Municipal Council President Sapiah Harun.

Teoh said the hotel, near the Melaka International Trade Centre, Melaka Zoo and Melaka Wonderland Theme Park, would have 301 rooms.

"This project is Plentifield's first in Melaka and we see it has a big potential in view of its location within a tourist area," he said.

The five commercial blocks will also have 506 business suites and 166 retail lots.

Plentifield's previous development include a RM220 million project comprising a three-star hotel and commercial lots in Sandakan and RM300 million commercial lots in Shah Alam.

Meanwhile, Mohd Ali said he welcomed Plentifield's investment because the state had a shortage of five-star hotels.

Plentifield had also agreed to build another five-star hotel on a 4ha site near Kolej Yayasan Saad in Ayer Keroh, he added.

-- BERNAMA


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