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WA Government unveils a proposal to build a $ 1.85-Billion World Trade Centre in East Perth backed by a private Middle-Eastern group that includes former Perth Airport manager Neil Kidd . The privately-funded towers would be 36 and 75 storeys . It will be by far Perth ’ s biggest and tallest building .
A shopping mall , hotel , international trade , investment and convention centre would be woven into high-rise buildings that would also feature apartments and restaurants in what WA Premier said was a landmark development for Perth .
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The plan will undergo a detailed assessment that will require the proponent to address a number of requirements , including funding options , before a participation agreement can be entered into with the state government , and before possible state funding can be negotiated .
World Trade Centres Association is led by Qatarbased businessman Ghazi Abu Nahl , with Kidd listed as business development director of the group ’ s Perth division .
In a recent interview with the reporters , Kidd said that some 20 percent of the world ’ s population reside in the
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Australian time zone and their top 3 trading partners are China , Japan and the Asean nations .
“ We believe a World Trade Centre in Perth will anchor the renewal of an area that ’ s underutilised , it will showcase brand WA and it will stimulate and boost trade ”, he said .
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The proposed World Trade Centre
Lands Minister Terry Redman said the proposal was exactly the kind of unique project that the unsolicited bids guideline was designed to facilitate assessment of .
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International tourist arrivals were at 933,502 compared to 816,048 in 2015 . Tourist arrivals from Peninsula Malaysia were recorded at 1,820,207 against 1,784,974 .
These arrivals will boost Sabah ’ s economy and leisure property in the State . The 2017 Chinese New Year season has seen fully booked rooms in many 4 and 5 star hotels .
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With the ever-thriving influx of Chinese tourist , this will help with the property market as hotels , commercial properties and serviced residences will be in demand .
The openings of 3 major hotels in KK have been delayed according to reliable sources but the development of the Sabah International
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Convention Centre is in progress .
The good news is that Malindo Airlines will have direct flights from KK to Taipei starting from May 2017 , with a total of 4 weekly flights . This move is expected to bring in an additional 25,000 visitors
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Kota Kinabalu city centre from Taiwan .
At the same time , negotiations are still ongoing for more chartered flights from China to Sabah in 2017 . The Federal government has confirmed that last year ’ s recorded tourist arrivals from China will continue to grow .
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