Energy, Green Technology and Water Minister Datuk Seri Peter Chin said Nagamas would undertake the development of the park on a long-term basis under a RM300bil contract.
Chin said he would be present at the ceremony to sign the contract on Thursday ahead of the Eighth China-Asean Expo (Caexpo) from Oct 21-26. “It will be historic as this will be the biggest ever development project by a Malaysian company in China and will be a breakthrough in the Malaysia-China relationship,” he said.
He said green elements such as sustainability and low-carbon emission would be emphasised in the development of the park.
Chin said this year's Caexpo would be significant as Malaysia had been accorded as the country of honour.
By Bernama
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