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Sunday, May 17, 2009

Govt ready to help Sime with Eagle Cove project

The Federal government is ready to help Sime Darby with the development of the RM7.5 billion Eagle Cove project in Pantai Kok in Langkawi, Kedah.

Minister in the Prime Minister's Department Tan Sri Nor Mohamed Yakcob said the project is 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 160 hectares, is 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 in Langkawi yesterday on the project by managing director of Sime Darby Property Datuk Tunku Putra Badlishah.

Nor Mohamad said the project is expected to create 3,000 job opportunities for the locals.

By Bernama

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