Speaking to reporters at the memorandum of understanding (MoU) signing ceremony at Wisma Darul Iman here yesterday, he said it is an Islamic concept and such an establishment will be another attraction for the state.
“Maidam would provide the 16,000 sq ft of land in Kampung Panglima while construction cost of the seven-storey hotel will be borne by the company,” he said.
According to Maidam chief executive officer Datuk Alwi Muhamad, the hotel will be completed in two years.
P.A.E Builders chairman Datuk Rushdan Mohamad said the construction works will start early next year.
"The company has been in existence for more than 20 years and we have vast experience in the hospitality industry as we are currently running two hotels in Pulau Langkawi.
"Our investment here is estimated to be between RM20 and RM25 million and we intend to complete the project as soon as possible to take advantage of the large number of tourists visiting the state, especially from the Middle East," he said.
Source : NST
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