Sime Darby gets Govt aid to develop RM7.5b project

Posted on | May 16, 2009

By THE STAR

LANGKAWI: The Federal Government is ready to help Sime Darby Bhd with the development of the RM7.5bil Eagle Cove project in Pantai Kok.

Minister in the Prime Minister’s Department Tan Sri Nor Mohamed Yakcob said the project was to be developed under four phases encompassing the construction of a hospital, residential area, resort, a convention centre and an international standard commercial complex.

He said the project, to cover over 160ha in size, was expected to take 10 years for development and could make Malaysia a second home for foreigners once fully completed by Sime Darby Property.

“The Federal Government will be discussing with the state government of Kedah if there are areas involving the state government,” he told reporters after attending a briefing yesterday on the project by managing director of Sime Darby Property Datuk Tunku Putra Badlishah.

Nor Mohamed said the project was expected to create 3,000 job opportunities for the locals.

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