KUALA LUMPUR: Resort developer Funtasy Island Development Group has unveiled its multi-million-ringgit eco theme park project called Funtasy Island.
Funtasy Island Development is expected to complete the first phase of the construction with the exclusively built aqua villas by 2013.
Founder and creator Michael Yong said the project is expected to attract of a steady clientele as investors, property owners and tourists have expressed an interest in the project.
He believes the project will benefit Asean.
"Due to its proximity to ... Malaysia, Indonesia and Singapore, this project will be advantageous to stakeholders and the public in terms of logistical supplies, human resource and greater business activities for Malaysia, Singapore, Hong Kong and other Asian cities," Yong said at the official launch of the project in Hong Kong on September 12.
Funtasy Island, covering 3.28 million sq m, will be made up of six islands south of Singapore's Sentosa Island and near Batam Island in Indonesia.
Facilities at the Eco Park will include world's largest ecological theme park, water sports club, aquatic breeding zone, restaurants, retail outlets, cafes and others.
Funtasy Island Development has a strong presence in China, Hong Kong, Indonesia and Malaysia, and has developed Bali Resort City, Xsport Senayan, Pluit Mega Mall in Jakarta, IBN Tower in Batam, and Novus Gawana Resort in Bali.
By Business Times
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