MALACCA: Urban Development Authority Holdings (UDA) is set to develop a 26-storey hotel and a multi-tier street mall along the historic Malacca River within the next two years.
UDA chief executive officer Datuk Jaafar Abu Hassan said the project would cost about RM100mil and comprise construction of the hotel, commercial lots, street mall and a jetty.
“There would be four levels of street malls which would resemble that of Bugis Street in Singapore and is to be the largest street mall in the country,” he said after the opening ceremony of the Gerak Usahawan program in Ayer Keroh recently.
The project would be located on site near Jalan Tun Ali.
Chief Minister Datuk Seri Mohd Ali said the project would help spur the state’s tourism industry while increasing bumiputra ownership of business premises within the city.
Source : The Star
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