Melaka Gateway project to be reviewed
Was envisioned to be the largest private marina in Southeast Asia by 2025.
Was envisioned to be the largest private marina in Southeast Asia by 2025.
After the GST was zero-rated from June 1.
This is despite the joint development deal with NWP Holdings Bhd having lapsed.
As many as 10 DBKL projects worth more than RM1 billion have been scrapped.
The ministry will bring the draft proposal to the Cabinet in two weeks for their approval.
Developer Memang Perkasa Sdn Bhd had allegedly failed to comply with one of the terms and conditions of the development order, namely the implementation of a communication strategy.
Its strategic Kuala Lumpur location and incoming MRT stations keeps it desirable and full of potential.
It can be revisited in future, said Lim Guan Eng.
The 688km-East Coast Rail Link is one of several mega projects being reviewed.
Merdeka Palace Hotel and Suites was bought at an inflated price in 2014, according to MACC investigations.