Malaysia’s historical state will witness a tide of modernity for the future with the unveiling of KAJ Development Sdn Bhd’s (KAJD) Melaka Gateway master plan by YAB Dato’ Sri Mohd Najib Tun Haji Abdul Razak. Melaka Gateway will comprise of South East Asia’s largest cluster of islands – one natural and two man-made islands – spanning 609 acres.
The iconic development initiative is projected to be completed by 2025 with an estimated Gross Development Value of RM 40billion. The launch of Melaka Gateway also saw the exchange of MoU with international industry leaders such as Kasen International Holdings Ltd. from China (1st investor in the Melaka Gateway project), Royal Caribbean Cruises Ltd. (2nd largest Cruise Operator in the world), TRE Development Pte. Ltd. from Singapore, Skkye Group Pte. Ltd. from Italy and Rinani International AeroMarine Sdn. Bhd., a Korean-Malaysian JV.
Officiating the unveiling of the Melaka Gateway master plan, Prime Minister of Malaysia, YAB Dato’ Sri Mohd Najib Tun Haji Abdul Razak said, “Melaka Gateway is an ground-breaking and innovative tourism product that complements the government’s tourism ambitions. This development is projected to attract an additional 2.5 million tourists over the next 12 years with high-yield consumers expected to contribute substantially to the tourism earnings of Malaysia. Further, its partnerships with world-class international brands will become a funnel for the influx of new international investors.”
The projects earmarked on the master plan such as the Melaka International Cruise Terminal, new ferry terminal and South East Asia’s biggest marina with up to 1,000 berths are cornerstones to re-establishing Melaka’s maritime importance. Additionally, the establishment of a world-class maintenance and repair facility for mega yachts is set to attract luxury travelers to the state by sea.
Melaka Gateway is poised for long-term growth; contributing to both to the nation and state of Melaka. Further, the development will also see the creation of 15,000 job opportunities for the locals.
Chief Minister of Melaka, YAB Datuk Seri Ir Hj. Idris Bin Hj. Haron said, “The state government remains committed to creating more attractions to interest more visitors into Melaka, generate jobs and drive the state’s economy. Following this, we are heartened to note that KAJD has been visionary in the planning of Melaka Gateway. The benefits of green building technologies and implementation of the monorail system will contribute to a sustainable future. As such, we applaud the development of the Melaka Gateway – a project that is very much in-line with our goals for the state.”
Melaka Gateway boasts 15km of premier waterfront addresses for mainly high-rise luxury condominiums, exclusive marina villas with private jetties, catering the world’s well-heeled. The iconic Gateway Beacon Tower housing 7-star hotel and luxury apartments, and a health and wellness development anchoring on the concept of Lifestyle of Health and Sustainability (LOHAS) will also be incorporated into Melaka Gateway.
In bringing to life the master plan of Melaka Gateway, partnerships with world industry leaders have been forged to catalyse new ideas and infusion of international best practices.
Consequently, the vision of Melaka Gateway is to become a unique cosmopolitan development, resulting in Asia’s most coveted tourism destination, premier commercial and residential address.
The high-end travelers from the region interested in shopping can indulge in a different shopping experience with an outlet mall of 450 stores fitted with international brands. Those interested in local items can also find Malaysia’s arts and craft at UNESCO Heritage Promenade. Other sights in Melaka Gateway include a 60-acre theme park and the Malaysia Eye – a 100m tall ferris wheel offering visitors an unparalleled view of the Straits.
“The construction of Melaka Gateway is an unprecedented move to once again set our nation on the world map. Inspired by the state’s rich historical tapestry, Melaka Gateway is set to be a manifestation of how Melaka’s glorious past evolves to become a model for the future. We see Melaka Gateway as a much sought-after waterfront investment for world citizens due to its unparalleled location, connectivity and integrated business and leisure offerings,” said Datuk Michelle Ong, CEO of KAJ Development (KAJD) Sdn. Bhd.