Eddie Beck | August 26, 2013
Touted as the 13th tallest in the world, the Malaysian Eye is set to be the main attraction in a new RM50 million tourist complex shaping up on the once abandoned man-made island.
MALACCA: The Malaysian Eye, a 103-metre Ferris wheel touted as the 13th tallest in the world, is to be the centrepiece attraction in a new tourist complex shaping up in Pulau Melaka.
The state government has invested about RM1 billion to redevelop the once abandoned man-made island and is hoping the RM40-RM50 million tourist complex will help boost the property market.
Costing RM20 million, the Malaysian Eye is expected to be operational in the first quarter of next year. It will have 48 capsules taking 288 passengers on a 20-minute round trip.
Each passenger is expected to pay RM20 per round trip and in the first year of operation, the company expects to ferry approximately 1.2 million passengers.
Sited on a five-acre prime site in Pulau Melaka, the entire complex which will house retail and entertainment complex, food outlets and a 28-storey hotel with 300 rooms.
“A definite tourist attraction will be a chocolate factory,” said Bernard Siow, the CEO of The Eye Sdn Bhd. “Piling work is now completed. The company will be calling for tenders to build other areas of the complex. The components of the ferris wheel have arrived and they will be assembled in stages.”