IPOH: Damai Laut Golf Resort Sdn Bhd will be investing about RM200 million over the next three years to develop environmentally-friendly floating villas in Lumut, near here.
A total of 300 Sea Villas will be built on a 20ha site fronting the Swiss Garden Golf Resort and Spa in Damai Laut.
The site is on lease to the company for a period of 99 years.
Menteri Besar Datuk Seri Dr Zambry Abd Kadir said the environment friendly floating villas will be built based on the "palm" concept.
"This Sea Villa development project is set to be another of the state's tourism icon.
"It is our hope that this project will place Perak as a premier tourism destination for both the domestic and foreign markets," he said after a signing ceremony between the state government and Damai laut Golf Resort here recently.
The state government was represented by state secretary Datuk Abdul Puhat Mat Nayan while the company was represented by PJ Deve-lopment Holdings Bhd deputy managing director Andrew Wong.
Zambry said the State Secretary Incorporated would have some form of equity in the project.
Meanwhile, Zambry said the projects will result in job creation for locals and serve as a catalyst to the development of other related industries in Manjung district.
The multi-million ringgit project is expected to be completed in 2016.
Damai Laut Golf Resort is under the patron of the Swiss Garden International Hotels, Resorts and Inns, a hotel division of PJD Holdings Bhd.
A total of 300 Sea Villas will be built on a 20ha site fronting the Swiss Garden Golf Resort and Spa in Damai Laut.
The site is on lease to the company for a period of 99 years.
Menteri Besar Datuk Seri Dr Zambry Abd Kadir said the environment friendly floating villas will be built based on the "palm" concept.
"It is our hope that this project will place Perak as a premier tourism destination for both the domestic and foreign markets," he said after a signing ceremony between the state government and Damai laut Golf Resort here recently.
The state government was represented by state secretary Datuk Abdul Puhat Mat Nayan while the company was represented by PJ Deve-lopment Holdings Bhd deputy managing director Andrew Wong.
Zambry said the State Secretary Incorporated would have some form of equity in the project.
Meanwhile, Zambry said the projects will result in job creation for locals and serve as a catalyst to the development of other related industries in Manjung district.
The multi-million ringgit project is expected to be completed in 2016.
Damai Laut Golf Resort is under the patron of the Swiss Garden International Hotels, Resorts and Inns, a hotel division of PJD Holdings Bhd.