KUALA LUMPUR: Tropicana Corp Bhd
has entered right into a strategic partnership with Powerchina International Group Limited (PowerChina) to kickstart the event of Tropicana Paradise in Genting Highlands.
The memorandum of settlement was inked between Tropicana Inspirasi Indah Sdn Bhd and Tropicana Inspirasi Impian Sdn Bhd, wholly-owned subsidiaries of Tropicana, and Powerchina International Group Limited collectively with Sinohydro Corporation (M) Sdn Bhd, a wholly-owned subsidiary of PowerChina, Tropicana stated in an announcement.
Complementing the already vibrant Genting Highlands, Tropicana WindCity is a 596-acre mega master-planned township improvement starring the 308-acre Tropicana Paradise as the primary catalyst.
The spotlight of Tropicana Paradise is an built-in leisure hub that provides a complete of 1.5 million sq ft of leisure decisions and 1 million sq ft of retail choices throughout 38 acres.
The property developer stated Tropicana Paradise was conceptualised to incorporate fashionable serviced residences with an emphasis on smaller one- and two-bedroom items, branded residences in addition to 4- and 5-star worldwide model accommodations.
Tropicana group chief government officer Lee Han Ming stated the partnership with PowerChina confirmed united dedication in the direction of constructing a sustainable future in addition to Tropicana’s strategic choice of sturdy companions.
“PowerChina is a global powerhouse and a Fortune 500 company with a strong presence in the construction and engineering industry.
“With their expertise and construction financing, we are confident PowerChina will bring Tropicana Paradise to the next level,” Lee stated.
