KUALA LUMPUR : Set to be a game changer to Langkawi’s tourism and property landscape, the RM40 billion megaproject The Langkasuka will soon kick start its construction work.
In doing so, Widad Business Group (“WBG”) through its wholly-owned subsidiary Langkasuka Land Sdn Bhd (“Langkasuka Land”) has awarded a Letter of Award to Widad Builders Sdn Bhd (“Widad Builders”), a wholly-owned subsidiary of Widad Group Berhad (“WGB”) for the construction and completion of earthworks with a contract sum of RM40 million.
The contract awarded by Langkasuka Land to Widad Builders was offered on 9 September 2022 and subsequently accepted by the latter on 12 September 2022.
This is part of Phase 1, with a gross development value of RM 4.45 billion, for the master development plan of The Langkasuka. The contract consists of the execution and completion of the site clearance and earthworks, retaining wall, the environmental protection works and any associated work which is crucial for the completion of The Langkasuka.
The project will commence on 22 September 2022 and will take a period of 10 months with expected completion by 22 July 2023.
Founder and Group Executive Chairman of Widad Business Group Tan Sri Dato’ Ikmal Opat Abdullah said: “The Langkasuka is one of the biggest projects by WBG and it is our utmost priority in identifying the right contractor to undertake this project. This award also signifies our first step in making this project of such magnitude a reality.”
“The Langkasuka is a unique project for it is the first-of-its-kind in Malaysia, as well as Southeast Asia. It is expected to reshape Langkawi’s tourism landscape to be the preferred destination for international and local travellers while also pushing its property scene to greater heights. Besides enjoying the upcoming benefits of the tourism industry, the project will also bring in added value such as job creation opportunities and boosting the economic activities of Langkawi.”
The mixed-use development will sprawl across 2,000 acres of man-made islands and will be developed in two phases over the course of 15 years.
The first phase will consist of an international standard and tournament-ready golf course by the sea, lush villas and resort homes with elements of Malay architecture granted with the panoramic view of a golf course and the majestic Langkawi sunset.
On the retail side, there will also be a shopping mall by the name of Designers’ Brand Mall, a shopping bazaar named The Langkasuka Village, a five-star hotel with sea front view of the Andaman sea as well as high-end condominiums with a sea frontage view.
Media Statement
Mon Sep 12 2022
IKMAL: The Langkasuka is one of the biggest projects by WBG and it is our utmost priority in identifying the right contractor to undertake this project.
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM
This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film
'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Man charged with mother's murder, storing body in freezer
The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Abolition of examination in schools to reduce pressure on pupils - Fadhlina
The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Google, Meta urge Australia to delay bill on social media ban for children
Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Judge tosses Trump 2020 election case after prosecutors' request
It represents a big legal victory for Donald Trump, who won the Nov. 5 US election and is set to return to office on Jan. 20.
DHL plane crash in Lithuania leaves authorities searching for answers
Rescue services said the plane hit the ground, split into pieces and slid over 100 metres (110 yards).
National squad to hold friendly matches for 2025 Indoor Hockey World Cup
The warm-up matches will involve matches against better ranked teams in the world, namely Austria (first) and Belgium (third).
G7 seeks unity on ICC arrest warrant for Netanyahu
The United States, part of the G7, has rejected the ICC decision, with President Joe Biden describing it as outrageous.
Francissca Peter remembers Tan Sri Ahmad Nawab: A tribute to a musical legend
A legend who has influenced our music for decades, was one of the highlights of my career, says Francissca Peter.
TikTok decision coming soon as Jan. 19 divestment deadline looms
Judges are reviewing TikTok's challenge to a law requiring ByteDance to sell its US assets by Jan. 19 or face a ban.
Lebanese sources: Biden, Macron set to announce Israel-Hezbollah truce
In Washington, White House national security spokesperson John Kirby said, "We're close" but "nothing is done until everything is done".
PM meets chaebol tycoon to attract more FDI to Malaysia
Chaebols are prominent figures from South Korea's family-owned conglomerates.
Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry
The implementation of the RON95 subsidy in 2025 is expected to provide savings of RM3.6 billion to government expenditure.
Ringgit opens lower as greenback gains ground
Dr Mohd Afzanizam says the market responded positively to news of hedge fund manager Scott Bessent heading the US Treasury Department.
Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today
Also among the highlights, UNICEF report on 12.3pct of teenagers in Klang Valley's PPR face mental health issues and suicidal tendencies.
UN Resolution 1701, cornerstone of any Israel-Hezbollah truce
Here are the resolution's main terms, and a note about subsequent violations and tensions.
Record aid worker deaths in 2024 in 'era of impunity', UN says
So far this year there have been 281 aid worker victims, according to the Aid Worker Security database.
Why India's toxic farm fire counting method is disputed
Here's how India counts farm fires - a major contributor to severe pollution in the north - and why its method is being questioned.
Divisions on curbing plastic waste persist as UN treaty talks begin
South Korea is hosting the fifth and ostensibly final UN Intergovernmental Negotiating Committee (INC-5) meeting this week.