Melaka Gateway
KAJ Development Sdn Bhd (abbreviated as KAJD, Chinese: 凯杰发展有限公司; pinyin: Kǎi jié fāzhǎn yǒuxiàn gōngsī) is the project's master developer.
In November 2020, the project was reportedly scrapped by the state government. Malaccan Chief Minister Sulaiman Md Ali was quoted as saying it would not be abandoned but would instead be taken over by a new developer, stating that "The development will continue, but we have some technical issues that we need to fix."
As of February 2022, the project had resumed the development of its first island—Pulau Melaka East 1 (PME1), after receiving approval from the state government through an agreement signed on 23 February.
Reactions
In 2017, Chief Minister of Malacca, Idris Haron, said he was serious in developing the state into a nautical gem and could no longer tolerate any hiatus in proposed development projects created by interested developers.
The Kristang community at the Portuguese Settlement said that they had not been consulted about the project, and they have been protesting it from the beginning. In May 2018, 200 villagers participated in a demonstration outside KAJ Development's office.
China's then-Minister of Transport, Yang Chuantang, said: "With Malacca as the forefront flagship in support of the One Belt, One Road program initiated by the People's Republic of China, we will soon taste the fruits of success, especially with the plans for infrastructure, ...China is confident in Melaka Gateway's project."
Forbes described Malaysian Prime Minister Mahathir Mohamad as the "strongest opponent of Melaka Gateway". Mahathir said of the project, "We are very concerned because in the first place we don't need any extra harbor."
The chief executive of KAJD reacted to the cancellation, saying the company was contemplating taking legal action against the state and adding, "We are left with no choice. Our project is canceled after we spent millions of our own resources to conduct various environmental studies and pay licensing fees." In December 2020, KAJ filed a judicial review challenging the termination notice issued by the Malacca State Government. In February 2021, the review was dismissed by the court.
In March 2023, Transport Minister Anthony Loke announced that the project may be revived in discussions with the state government.
Resumption
The resumption of the Melaka Gateways project was marked by new investors, shareholders, and team, and restarting of construction of the Melaka International Cruise Terminal.
In March 2022, KAJD signed an MOU with the Dubai Integrated Economic Zones Authority to collaborate on the investment and operations of the free-trade zone on the project's first island (PME1).
In March 2023, it was announced that the Sultan of Johor was the second-largest shareholder of the project.
On 12 September 2023, the project was back on track, following support and approvals from the state and federal governments.
See also
Notes
- ^ The project uses the Malay-language spelling of the state's name, as opposed to the more traditional English-language spelling, "Malacca"
References
- ^ "RM40b Malacca Gateway to open doors in 2018". Thesundaily.my. Retrieved 9 November 2014.
- ^ Melaka Gateway 2018 Archived Website
- ^ Tham Siew Yean (15 February 2024). "The Return of Melaka Gateway: Scaled-down Ambitions". fulcrum.sg.
- ^ "Melaka Gateway secures 5 foreign investors". thesundaily.my. Retrieved 11 August 2023.
- ^ "Melaka cruise terminal project to be revived, says Transport Minister". The Star. 5 March 2023. Retrieved 11 August 2023.
- ^ Hazlin Hassan (20 November 2020). "Controversial Melaka port project scrapped by state govt". Straits Times. Retrieved 24 November 2021.
- ^ Lee Hong Liang (23 November 2020). "Malaysia scraps mega port project off Melaka". Seatrade Maritime News. Retrieved 24 November 2021.
- ^ Sebastian Strangio (19 November 2020). "In Malaysia, a Gargantuan Chinese-Backed Development Bites the Dust". The Diplomat. Retrieved 24 November 2021.
- ^ P PREM KUMAR (3 December 2020). "Canceled $10.5bn Malaysia port project plays down China role". Nikkei Asia. Retrieved 24 November 2021.
- ^ "KAJ Development resumes Melaka Gateway project". BERNAMA. 3 August 2022. Retrieved 11 August 2023.
- ^ "Chief Minister serious in developing Malacca". Archived from the original on 2 February 2017.
- ^ Wade Shepard (30 January 2020). "Inside the Belt and Road's Premier White Elephant: Melaka Gateway". Forbes. Retrieved 24 November 2021.
- ^ Hannah Beech (20 August 2018). "'We Cannot Afford This': Malaysia Pushes Back Against China's Vision". New York Times. Retrieved 29 November 2021.
- ^ KIRAT KAUR (15 December 2020). "Melaka Gateway Sues State Government for Terminating Project". The Rakyat Post. Retrieved 24 November 2021.
- ^ Hafiz Yatim (17 February 2021). "Melaka Gateway developer fails to challenge state's directive to halt project". The Edge Markets. Retrieved 25 November 2021.
- ^ "Anthony Loke: MOT, Melaka govt in discussions to continue Melaka International Cruise Terminal project". The Edge Markets. Bernama. 5 March 2023. Retrieved 10 May 2023.
- ^ "KAJ Development resumes Melaka Gateway project". BERNAMA. 3 August 2022. Retrieved 11 August 2023.
- ^ "KAJ Secures Investors Melaka Gateway Mega Project". 16 March 2022.
- ^ "KAJ Development Inks MoU Exchanges MoA with Investors in Dubai". 17 March 2022.
- ^ "Melaka Gateway Developer Inks MoU MoA for PME1 Megaproject". 16 March 2022.
- ^ "Johor sultan now Melaka Gateway's second largest shareholder". Malaysiakini. 8 March 2023. Retrieved 11 August 2023.
- ^ "Melaka Gateway advances with new Investors, shareholders, and dynamic leadership". theSun. 11 September 2023. Retrieved 11 September 2023.