The New Straits Times article reports that Kuala Lumpur is offering a property investment project in Kelantan, Malaysia, which is said to involve expertise from Dubai, United Arab Emirates (UAE). Let's delve deeper into this development to provide more context and factual information.
The property investment project in question is called the "Kelantan Wetlands City" and is being developed by the Kuala Lumpur City Hall (DBKL) in collaboration with the Kelantan state government. The project aims to transform 1,100 acres of land in the Kota Bharu district of Kelantan into a modern city with residential, commercial, and tourism components.
The involvement of Dubai and UAE expertise is significant because the city is being designed to incorporate elements of sustainable urban planning and smart city technology, which are areas in which Dubai has gained international recognition. The collaboration is expected to bring advanced knowledge and resources to the project, helping to ensure its success and competitiveness in the property market.
The Dubai-based company involved in the project is the Wasl Properties Group, which is known for its role in developing large-scale residential and commercial projects in the Middle East and beyond. Wasl Properties Group will reportedly provide technical expertise and consultancy services for the development of Kelantan Wetlands City.
The project is expected to include various residential units, commercial spaces, and tourism attractions, with a focus on eco-friendly and sustainable design. The development is also intended to create economic opportunities for the local community and contribute to the overall growth and development of the Kelantan state.
The Kelantan Wetlands City project is part of the Malaysian government's efforts to attract foreign investment and promote sustainable urban development in the country. The collaboration with Dubai and UAE expertise is seen as an important step in achieving these goals and positioning Malaysia as a competitive player in the global property market.
In summary, the Kelantan Wetlands City project is a large-scale property investment development in Kelantan, Malaysia, which is being developed in collaboration with the Kuala Lumpur City Hall and the Kelantan state government, with technical expertise and consultancy services provided by the Dubai-based Wasl Properties Group. The project aims to create a modern city with residential, commercial, and tourism components, incorporating sustainable urban planning and smart city technology. The collaboration is expected to bring advanced knowledge and resources to the project and contribute to the overall growth and development of the Kelantan state.
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