(MENAFN- Qatar News Agency) Doha April 30 - Qatari Diar Real Estate Investment Company has embarked on building a luxury beachside resort located in the village of Chendering in the Sultanate of Terengganu in Malaysia expected to open in early 2016.
The project was launched at a stone-laying ceremony attended by Sultan Mizan Zainal Abidin of Terengganu Chief Minister of Terengganu Datuk Seri Ahmad Said and Malaysia's former Prime Minister Tun Abdullah Ahmad Badawi the company said in a press release.
HE Ambassador of Qatar to Malaysia Issa bin Mohammed Al Mannai Group Chief Executive Officer of Qatari Diar Khaled Mohammed Al Sayed and a senior delegation from Qatari Diar attended the ceremony.
On this occasion Group Chief Executive Officer of Qatari Diar Khaled Mohammed Al Sayed expressed his delight at the official launch of this project in Chendering and the presence of Sultan Mizan Zainal Abidin of Terengganu adding that this event emphasised the depth of relations between Qatar and Malaysia.
He noted that this unique project in its architecture and components is the second project for Qatari Diar in Malaysia expressing the company's enthusiasm to develop it. He also expressed his hope for Diar to have more investment opportunities in Malaysia noting that the company will accelerate the pace to complete the construction of this luxury resort which will be opened in early 2016 in cooperation with Mvenpick Hotels and Resorts.
For his part Ambassador Issa bin Mohammed Al Mannai said that the new development project in Kuala Terengganu contributes to strengthening the bonds of brotherhood between Malaysia and Qatar where the Qatari Diar will add its elegant touches and creativity in the construction of this luxury resort adding that he is looking forward to opening this wonderful project and visit this spectacular part of Malaysia again. (MORE)
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