Limitless, the global master development arm of Dubai World, has secured its second project in Malaysia: a 1115 hectare mixed-use development that is set to be the world’s first fully integrated Halal centre.
Malaysia International Halal Park (MIHAP) – an 80-20 joint venture between Limitless and a Malaysian investment company comprising Mihap Holdings and Perbadanan Kemajuan Pertanian Selangor – will turn Malaysia into a global gateway for the industry’s trading, services and knowledge.
Located in Selangor State, 40km from Kuala Lumpur, between the International Airport and Port Klang, MIHAP includes more than 800 hectares of residential units, providing homes for around 200,000 people. There will also be food manufacturing plants of international standard, logistics ports, and training and research centres, as well as offices, entertainment and retail facilities, all of which will comply with Halal principles. As with all Limitless developments, a significant proportion of the master plan is dedicated to open spaces, with more than 170 hectares of parks and water features.
MIHAP – on show next month at MIPIM, Cannes – is the latest addition to Limitless’ expanding South East Asia project portfolio. In December 2007, the company announced that it would master plan a waterfront development of luxury homes at Puteri Harbour in Malaysia’s Iskander region; and celebrated the ground-breaking of its Halong Star project in Vietnam.
Saeed Ahmed Saeed, CEO of Limitless, said: “Limitless is truly making its mark in South East Asia. MIHAP is a major milestone for Limitless, and another golden opportunity for us to demonstrate our core skills of master planning and executing distinctive, large-scale, projects.
“Malaysia International Halal Park is the result of extensive research and development work by our teams in SE Asia, who have worked closely with the Malaysian government from the beginning. It is an honour for Limitless to be playing such a key role in establishing Malaysia as the world centre of excellence for the Halal industry.”
Construction of MIHAP is due to begin towards to the end of 2008, with phased completion over eight years.
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Media enquiries: Rebecca Rees on +971 4 375 9733 or Rebecca.rees@limitless.ae