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Wednesday, November 25 - 2009

Limitless secures second project in Malaysia

  • United Arab Emirates: Monday, February 18 - 2008 at 14:49
  • PRESS RELEASE

Limitless, the global master development arm of Dubai World, has secured its second project in Malaysia: a 1,115 hectare mixed-use development that is set to be the world's first fully integrated Halal centre.

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Malaysia International Halal Park (MIHAP) - an 80-20 joint venture between Limitless and a Malaysian investment company comprising Mihap Holdings and Perbadanan Kemajuan Pertanian Selangor - will turn Malaysia into a global gateway for the industry's trading, services and knowledge.

Located in Selangor State, 40km from Kuala Lumpur, between the International Airport and Port Klang, MIHAP includes more than 800 hectares of residential units, providing homes for around 200,000 people. There will also be food manufacturing plants of international standard, logistics ports, and training and research centres, as well as offices, entertainment and retail facilities, all of which will comply with Halal principles. As with all Limitless developments, a significant proportion of the master plan is dedicated to open spaces, with more than 170 hectares of parks and water features.

MIHAP - on show next month at MIPIM, Cannes - is the latest addition to Limitless' expanding South East Asia project portfolio. In December 2007, the company announced that it would master plan a waterfront development of luxury homes at Puteri Harbour in Malaysia's Iskander region; and celebrated the ground-breaking of its Halong Star project in Vietnam.

Saeed Ahmed Saeed, CEO of Limitless, said: "Limitless is truly making its mark in South East Asia. MIHAP is a major milestone for Limitless, and another golden opportunity for us to demonstrate our core skills of master planning and executing distinctive, large-scale, projects."

"Malaysia International Halal Park is the result of extensive research and development work by our teams in SE Asia, who have worked closely with the Malaysian government from the beginning. It is an honour for Limitless to be playing such a key role in establishing Malaysia as the world centre of excellence for the Halal industry."


Construction of MIHAP is due to begin towards to the end of 2008, with phased completion over eight years.
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Notes and media contacts

Media enquiries: Rebecca Rees on +971 4 375 9733

Limitless LLC, a Dubai World company, is an integrated global real estate developer across all market segments, delivering distinctive, sustainable developments. Established in July 2005 and built upon the philosophy of 'delivering distinction', Limitless has three specific areas of expertise: master planning large urban communities, waterfront development and the implementation of large scale balanced projects.

Other Limitless projects:

Limitless Towers, Amman, Jordan (announced 13 February 2008): $300m, 200 metre residential twin towers that will be the tallest buildings in Jordan. Towers will be connected by the world's highest suspended swimming pool, 125 metres above Amman. First 'green' building in the country, with 600 luxury apartments as well as a retail, entertainment and leisure plaza

Moscow, Russia (announced 5 February 2008): 113 hectare development near Moscow, with 4,500 homes as well as schools, retail and commercial elements. The project is a 50-50 joint venture with leading Russian developer RDI, and will accommodate around 12,000 people

Residential North, Puteri Harbour, Malaysia (announced 19 December 2007): 44 hectare waterfront development of luxury homes and condominiums. Development value $450m

Al Wasl, Saudi Arabia (announced 11 October 2007): $12bn, 1,400 hectare mixed-use development near Riyadh, including 60,000 homes as well as mosques, educational facilities, offices, shopping malls and hotels.

Arabian Canal, UAE (announced 10 October 2007, preliminary work began 31 December 2007): $11bn, 75 kilometre-long man-made waterway - the biggest and most complex civil engineering project ever undertaken in the Middle East. Limitless is also master planning a $50bn, 20,000 hectare canalside 'city' as part of the project.

Bidadi, India (announced 2 October 2007): $12bn, 4,000 hectare urban community near India's technology capital, Bangalore. The first of five new towns planned by the Government for the outskirts of the city.

Halong Star, Vietnam (announced 5 September 2007, broke ground 12 December 2007): $220m, 125 hectare mixed-use development with residential units, hotels, and education, cultural and recreational facilities, overlooking Halong Bay, a UNESCO-sanctioned world heritage site.
Downtown Jebel Ali, UAE (announced 15 November 2006): $13bn, 200 hectare sustainable, mixed-use development consisting of four quarters, each with its own iconic, individually-themed plaza. Downtown Jebel Ali will have nearly 330 buildings, including 237 residential towers.

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