KUALA LUMPUR: Widad Business Group Sdn Bhd (WBG) will collaborate with Bin Zayed International LLC (BZI) to jointly undertake a RM40bil mixed development known as Widad@Langkasuka in Langkawi. BZI is part of the Bin Zayed Group, which is a Dubai-based conglomerate that specialises in construction and energy, trading and industry, real estate, technology and financial services. BZI was established in 1988 by Sheikh Khaled Bin Zayed Al Nahyan, a senior member of the Abu Dhabi royal family and a prominent business leader and philanthropist in the Gulf states. “Therefore, WBG is honoured for the opportunity to work with the Bin Zayed Group and Sheikh Khaled, and we look forward to combining our strengths to ensure its successful completion, ” he said. The entire project has an estimated gross development value of RM40bil that would be developed over 15 to 20 years.

Source: The Star March 31, 2021 00:00 UTC