KOTA KINABALU (Dec 7): The Sabah state government is set to revive the Tanjung Aru Eco Development (TAED) with a new concept and master plan, according to News Straits Times.
During the State Legislative Assembly sitting on Monday (Dec 6), Sabah Chief Minister Datuk Seri Hajiji Noor said that the redevelopment will consist of hotels, resorts, residential and commercial areas equipped with parks and recreational areas.
When completed, Hajiji noted that the project will promote a vibrant lifestyle especially in the Kota Kinabalu region and Sabah in general as it will become one of the international standard tourism destinations.
He added that the development would also upgrade Tanjung Aru beach by maintaining its natural beauty and ensuring the viability of the commercial centres. For example, the renowned Prince Philip Park that was developed in the 1970s will still be maintained while the beachfront will be further expanded.
In terms of business opportunity, Hajiji noted that the development will boost business opportunities and job creations especially in the hospitality and tourism sectors.
“The small and medium traders will be given priority in this area to provide quality services of international standard,” adding that there are a number of investors who have shown interest in the development.
“TAED will be an icon for sustainable development and good environmental management and in turn will be a guide for property development and urban management in Sabah,” he said.
Get the latest news @ www.EdgeProp.my
Subscribe to our Telegram channel for the latest stories and updates
Looking for property? Check out Location Scan, where we summarize all available options and facts you need in a few clicks. We have updated the tool to include MRT3 stations too.
Curious how much you can borrow? Use LoanCheck to get your maximum loan eligibility from various banks, or LoanReport to get a FREE CTOS/CCRIS credit report.
TOP PICKS BY EDGEPROP
Primer Garden Town Villas @ Cahaya SPK
Shah Alam, Selangor