KOTA KINABALU: A resort city, costing RM5 billion, will be developed in Lok Kawi near here, said Sabah Chief Minister Shafie Apdal.
He said the resort city, to be known as “KK Resort City”, will have hotels, shopping and recreational centres. It will be developed by KTS Group through its subsidiary, Sunduvon Corporation Sdn Bhd.
“The state government welcomes this project because it will create employment opportunities and boost the economy of the local residents,” he said at the ground-breaking ceremony for the project here today.
Also present were Sabah Deputy Chief Minister Christina Liew, who is also state tourism, culture and environment minister, and Sunduvon Corporation Sdn Bhd managing director Henry Lau.
Shafie said the project would also boost the state’s tourism industry.
“Sabah receives more than three million tourists a year and this is proof of the need to provide adequate facilities for them,” he added.
Meanwhile, Lau said the KK Resort City project would be developed on a 132ha site in Lok Kawi, about 15km from here.
Completion of the project is expected to turn Sabah into a world-class tourist destination, he added.