Royal Caribbean a partner in Malaysia project
Royal Caribbean International is one of the companies signing a memorandum of understanding to co-develop a destination called Melaka Gateway said to cost $12 billion over 10 years.
The project will be built on three islands in Malaysia covering 609 acres. It will include a cruise terminal, a 1,000-slip marina and a ferry terminal as well as luxury hotel and condominium components.
The lead developer is KAJ Development. The prime minister of Malaysia officiated at the unveiling last week of a master plan for the project, which is expected to boost tourism to Malaysia by 2.5 million visitors over 12 years.
The project will be built on three islands in Malaysia covering 609 acres. It will include a cruise terminal, a 1,000-slip marina and a ferry terminal as well as luxury hotel and condominium components.
The lead developer is KAJ Development. The prime minister of Malaysia officiated at the unveiling last week of a master plan for the project, which is expected to boost tourism to Malaysia by 2.5 million visitors over 12 years.
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