Port Klang Authority (PKA) has entered into a joint venture (JV) agreement with Lagenda Erajuta Sdn Bhd to develop a new landmark at Klang – the RM500 million 1Gateway project.
Sited on 6.47ha land at Taman Datuk Abdul Hamid, the commercial project is expected to be completed in five years and will comprise office towers, Cineplex, a shopping mall and two internationally branded hotels.
“Once completed, it will be a landmark in Klang,” said Datuk Dr Teh Kim Poo, Chairman of Port Klang Authority. He added that the JV agreement sees Lagenda Erajuta paying PKA at least RM45 million for the land cost.
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