Malaysia could get first Harrods Hotel

THURSDAY, JULY 05, 2012
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Malaysia could be home to the world's first Harrods Hotel if everything goes according to plan under a 2-billion ringgit (Bt20 billion) collaboration between Qatar Holding and Jerantas.

 

The project, located on a 5.48-acre land between Jalan Raja Chulan and Jalan Conlay, would be one of the world’s first three Harrods Hotel chains to be built. The other two on the drawing board would be in London and Italy.
Qatar Holding vice-chairman Hussain Ali al-Abdulla said the Malaysia Harrods Hotel is expected to be the first to be completed, with the London hotel following a little later. The land was acquired by Jerantas from the government for 429.68 million ringgit.
The development would be a one-structure building housing the seven-star hotel, serviced apartments and some retail space. The hotel is designed to have 250 to 300 rooms but the capacity of the serviced apartment has not been decided. Both Qatar Holding and Jerantas will fund the project evenly, with construction work slated to commence a year from now. Qatar Holding and Jerantas has signed a memorandum of understanding to study the potential development of the hotel, with both expressing confidence in the project.