(Civil and structural advisor, one of the world’s largest engineering firms), DRTAN LM Architect (Architect-of-Record), KWA Consult Sdn. The existing NagaWorld complicated of Naga 1 and Naga 2 is reaching full capacity, with above 80% room occupancy prior to the results of COVID-19 pandemic. The Company believes that the launch of Naga three just isn’t solely well timed, but in addition the answer to meet future demand and a surer approach to proceed the Group’s journey of earnings development, especially after the latest profitable ramping up of Naga (“the “Company” and along with its subsidiaries, the “Group”) has determined to develop Naga three (costing US$3.5 billion), which might be situated a stone’s throw away from the present premises. The subsequent design improvement work was dealt with by a team of experienced consultants consisting of Steelman Partners , Jacobs Engineering Services Sdn. With the expected completion in 2025, Naga 3 will increase the capability of the Group by a minimum of two times.
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