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Kazakh developer unveils project on The World

City-D Investments Ltd, the international arm of a property developer in the former Soviet republic of Kazakhstan, has launched the Pangkor Laut Luxury Resort, Residence & Spa Village at Dubai's The World. A five-star multi-module resort property, the project is set for completion by 2010. Pangkor Laut is a Malaysian brand name of luxury resort managed by YTL Hotels & Properties, the developer said in a statement yesterday.