BORNEO TODAY INDEX

Thursday, March 13, 2008

THURSDAY-13 MARCH 2008- KK MEGAMALL RESUMES CONSTRUCTION

KK Megamall resumes construction

KOTA KINABALU:

Work to complete the KK Megamall in Likas here has resumed in full swing following the appointment of a new consultant for the urban development. Cyndi Liu, finance manager for project developer Ideal Prestige Sdn Bhd, said there was an “inevitable” delay to the project due to technicalities that arose with the previous consultant. “Things however are back in full swing, and the Board of Engineers of Malaysia has already given the green light for the appointment of new CNS engineers as consultants for the project,” she said at a press conference here yesterday. “We would like to assure everyone that we are expediting the work to complete the development as quickly as possible.” Liu said that while they had to push back the project’s completion, it would only be delayed for a few months with completion scheduled in the second half of 2009. The KK Megamall is a RM200 million joint development between Ideal Prestige and the Government Staff Sports and Welfare Council (MAKSAK) as the land owners, and is being built by Golden Kinabalikas Development Sdn Bhd as the main contractor. The mall will cover a total area of 18.5 acres with an expansive shopping arcade occupying the ground floor while the second to fourth floors will be set aside for car parks. The ground floor will be split between six sections which among others will include a hypermall section, a cosmetics section, a boutique section and a food and beverage section. “We have already entered negotiations with an international hypermarket company to occupy the mall as the main tenant and we will make an announcement on the deal at the appropriate time,” Liu said.