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Saturday, January 19, 2008

RM300m commercial centre to enliven Lahad Datu

A RM300 million commercial centre, called Palm City Centre, will be built on 23.5ha just outside the Lahad Datu town centre in Sabah.

It is a joint venture between the Sabah Housing and Town Development Authority and Renofajar Sdn Bhd.

Renofajar managing director Chris Pang said the project will complement Lahad Datu's image as a rising economic region once the state's Palm Oil Industrial Cluster (POIC) is fully operational.

He said Lahad Datu was still underdeveloped commercially, with only two major supermarkets located in different parts of the town.

At a press conference recently, Pang said the project will include an eight-storey shopping complex, hotels, 350 retail shops and a two-storey wet and dry market.

The centre is adjacent to the Lahad Datu Sports Complex and in the middle of the Sandakan-Tawau road. The first phase will be completed within two-and-a-half years.

By New Straits Times (by Julia Chan)

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