KOTA KINABALU – Economic growth is expected as more investors and developers come to Kota Kinabalu City.
These can be seen with more major malls are in spitting up to create the satellite city – Oceanus Waterfront Mall, Aeropod in Tanjung Aru, Imago Mall at Kota Kinabalu Times Square as well as the relaunched of the PacifiCity Mall in Likas.
The PacifiCity Mall was twice abandoned before it was revived in 2012 by Pacific Santuary Holdings Sdn Bhd. This massive 25 acres encompassing malls, residences, the first IMAX cinema in Sabah, office suites, hotels, food courts and outlets expected to change the landscape of Likas area.
Located near the new International Convention Centre, the project bring together the convenience of integrated development.
According to the Minister of Industrial Development Datuk Raymond Tan Shu Kiah the PacifiCity is just one of many projects that will transform Kota Kinabalu city especially in Likas area in five years time.
“This project need to happen and I really want this size of project on the ground. Developers need to have a strong commitment: this is very important,” he said to reporters after inspecting the mall construction site at Likas, here today.
Developers, Raymond said, must be hands on and inspect and monitor every aspects of development and progress for the project.
“You can probably get the best location or have the best design but that’s only on paper. Someone must have the focus and dedicated to realize the vision. This is what we call developer,” he said.
Raymond who is also the Deputy Chief Minister said that development also bring in support industries such as the cement, steal, sand among others.
“For me it (development) is very important to look into as the support industry need to grow,” he added.
On top of that, he pointed out that with the flowing of development and investment to the state; these will open up and provide more job employment.
“When we support the developers and investors, we want to make sure that the investment in some way will able to filter through to the people. You can’t push for high investment when its not beneficial for the people and that is where I am focusing on.”
“If you built expensive building and the people is not connected with the surrounding development, it shows that the city is not progressing. It should not be like that,” he said.
He also said that the cost of living in Kota Kinabalu is lower if compared to other cities such as Kuala Lumpur.
“Kota Kinabalu is not an expensive city to live in. The lifestyle that you can enjoy in KK with the cost of living added to the beautiful scenery; you won’t have these in KL. This is what we are trying to sell; the quality that we have,” he said.
However, Raymond strongly believed that there is a need to push the level of income of the people in the state.
“With higher income, this state economy will definitely progress,” he said. – By Fizah Yusof/SayangSabah