In doing so, Widad Business Group, through its wholly-owned subsidiary Langkasuka Land Sdn Bhd has awarded a Letter of Award to Widad Builders, a wholly-owned subsidiary of Widad Group Berhad for the construction and completion of earthworks with a contract sum of RM40 million.
The contract awarded by Langkasuka Land to Widad Builders was offered on 9 September 2022 and subsequently accepted by the latter on 12 September 2022.
With a gross development value of RM 4.45 billion, this is part of Phase 1 of the project, for the master development plan of The Langkasuka. The contract consists of the execution and completion of the site clearance and earthworks, retaining wall, the environmental protection works and any associated work which is crucial for the completion of The Langkasuka.
The commencement date of the project is on 22 September 2022. Whilst expected date for completion by 22 July 2023, with a duration of 10 months.
“The Langkasuka is one of the biggest projects by WBG and it is our utmost priority in identifying the right contractor to undertake this project. This award also signifies our first step in making this project of such magnitude a reality,” Founder and Group Executive Chairman of Widad Business Group Tan Sri Dato’ Ikmal Opat Abdullah said.
“The Langkasuka is a unique project for it is the first-of-its-kind in Malaysia, as well as Southeast Asia. It is expected to reshape Langkawi’s tourism landscape to be the preferred destination for international and local travellers while also pushing its property scene to greater heights. Besides enjoying the upcoming benefits of the tourism industry, the project will also bring in added value such as job creation opportunities and boosting the economic activities of Langkawi,” he remarked.
The mixed-use development will sprawl across 2,000 acres of man-made islands and will be developed in two phases over the course of 15 years.
The first phase will consist of an international standard and tournament-ready golf course by the sea, lush villas and resort homes with elements of Malay architecture granted with the panoramic view of a golf course and the majestic Langkawi sunset.
On the retail side, there will also be a shopping mall by the name of Designers’ Brand Mall, a shopping bazaar named The Langkasuka Village, a five-star hotel with sea front view of the Andaman sea as well as high-end condominiums with a sea frontage view.
