PETALING JAYA (Dec 19): M101 Holdings Sdn Bhd (M101) has appointed
China Railway Construction Corp Malaysia Bhd (CRCC Malaysia) as the main
contractor for its RM2.2 billion M101 Skywheel development on Jalan
Raja Muda Abdul Aziz, Kuala Lumpur.
CRCC Malaysia is a subsidiary of China Railway Construction Corp Ltd,
which was recently ranked No. 80 among the world’s Fortune 500
companies.
With over 65 years of experience, CRCC is supervised by the State Council of China.
In a statement following a signing ceremony today, M101 CEO Datuk Seth
Yap said the developer is pleased to appoint CRCC Malaysia as the main
contractor for M101 Skywheel, given CRCC’s diverse and close to seven
decades of experience.
He added that the freehold development has been well received in Hong
Kong, Taiwan, Indonesia, Singapore, China, Japan, Korea, the
Philippines, Brunei, Sri Lanka and Bangladesh.
Expected to be completed in 2021, M101 Skywheel consists of two
78-storey towers that will house about 1,200 Small-office
Flexible-office (SoFo) units, 94 Designer Suites designed by Studio F.
A. Porsche, the world’s highest shopping mall that extends from the 50th
to 52nd level with over 200,000 sq ft of retail space, the first Planet
Hollywood Hotel in Asia and a mass rapid transit station at the
basement.
The development will also see the world’s highest ferris wheel — Sky
Ferries Wheel — built on the 52nd level, which has a vantage point of
220m above the ground.
In his speech at the signing ceremony today, China Railway Construction
Corp (International) Ltd chairman Zhuo Lei said the company is proud to
be given the opportunity to build this iconic landmark.
“We believe that M101 Skywheel is a fantastic addition to our portfolio
and building this project will raise the standards of the construction
industry. We will do our best to plan and execute the construction of
M101 Skywheel with the highest efficiency possible while ensuring the
quality of built and the safety at site,” he said.
He added that CRCC Malaysia has a wealth of experience in the design,
construction and management of high-rise buildings of more than 300m
tall. Recently, it has successfully constructed the Four Seasons Hotel
with a total height of 342.5m.
Also present at the signing ceremony were China Railway Construction
Corp (International) vice-president and CRCC Malaysia chairman Andy
Zhao. The signing was witnessed by Zhuo and CRCC Malaysia managing
director Huang Zheng.
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