DRB-Hicom: Rebak developers shortlisted

DRB-Hicom Bhd has short-listed several leading developers from Asia and Europe for the development of Rebak Island in Langkawi.

In
a statement here today, it said the development of the island would
push up Rebak Island's name to be on par with other famous island
resorts in the world.

It will directly position Langkawi as not
only an attractive destination in terms of its natural beauty but also
its offer of a unique luxury holiday resort catering to the elites of
the world, it said.

DRB-Hicom Head of Property, Asset and
Construction, Zamri Yusof, said in order to ensure that there is
extensive marketing for the development of the island to both domestic
and foreign investors, the existing land title status would have to be
changed from the Malay reserve status.





He said the company's collaboration with leading property developers
will provide DRB-Hicom the opportunity to work with them and share their
expertise and experience.

"In fact, DRB-Hicom is in the final
stages of getting approval for the conversion of the land status prior
to presenting it to the Kedah state government for approval," he said.
-- Bernama