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Old December 24th, 2008, 12:53 AM   #11
nazrey
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Sarawak SEDC To Start Upgrading Flagship Properties Early Next Year
December 21, 2008 15:48 PM

KUCHING, Dec 21 (Bernama) -- The Sarawak Economic Development Corporation's (SEDC) five-year plan to upgrade its tourism flagship properties in view of changing times and new market trends is expected to start early next year, its chairman Datuk Talib Zulpilip said today.

He said SEDC's upgrading plans included refurbishment of the Kuching Waterfront, hotels (Holiday Inn Kuching, Crowne Plaza Riverside Kuching), as well as the Sarawak Cultural Village and Top Spot Food Court here so as to remain competitive.

"It (exercise) will take a few months to complete. The budget has been approved and sourced from our own internal funds," he told reporters at the reopening ceremony of the Sarawak Plaza shopping complex here by Kuching Hotels Sdn Bhd chairman Tan Sri Bujang Mohd Nor.

Located in the city's central business district along Jalan Tunku Abdul Rahman here, Talib said RM3 million was spent on refurbishing the complex but SEDC would maintain the rental rates for the time being to assist the 41 tenants during these current economic downturn.

The refurbishment to improve the ambiance and facilities to make it more user-friendly to both shoppers and tenants took almost two months.

First opened for business in November 1985, the Sarawak Plaza, owned by Kuching Hotels, a subsidiary of SEDC has remained one of the premier shopping complex here.

Talib added that SEDC would not shelve or postpone its plans for the overall exercise even though the economy was not doing very well because the cost involved would be low now.

"We will continue to complement the state's efforts in promoting Sarawak as a premier tourist destination, bearing in mind that tourism is one of the key development strategies under the Sarawak Corridor of Renewable Energy (Score)," he said.

SEDC's involvement in the tourism industry dates back to 1976 with the opening of the first international hotel, Holiday Inn in Sarawak, followed by Riverside Majestic Hotel in 1992.

The Kuching Waterfront project was opened in 1993 and is regarded as one of the best examples of urban regeneration and rehabilitation projects in Asia as old shop houses and international-class hotels are nestled within a 500m radius.

-- BERNAMA
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