The project, now called 1Gateway Klang, will be developed by turnkey contractor Erajuta Sdn Bhd, a unit of Sagajuta (Sabah) Sdn Bhd.
Port Klang Authority, the land owner, has approved and endorsed Erajuta as the white knight in December 2010, to complete the development.
Intania, a joint venture between Port Klang Authority and Dermaga Suasa Sdn Bhd, controlled by Tan Sri Megat Najmuddin Megat Khas, stopped in 2006 following a dispute between both parties on privatisation matters.
The project was awarded to Dermaga Suasa in 1999 by the Economic Planning Unit through a privatisation agreement with the Port Klang Authority.
When the project stalled, only 13 units of four to six storey shoplots were sold and built while 16 units of 3-storey shoplots were left half way during construction.
"There were some impairs in terms of settlement and that has been resolved.
"We will submit all relevant documents and plans to the authorities soon," said Sagajuta managing director and executive chairman Datuk Raymond Chan.
Chan told reporters in Klang yesterday that the concept for the project will change to be market driven.
Previously, the project was to feature medium to high-end apartments, serviced apartment, shoplots and an office tower.
The new plans will comprise the 4-star Novotel hotel, a 31-storey office tower, a hypermarket, duplex shops, shoplots, a 3,000-bay carpark and a food hub.
By Business Times
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