Malaysia hopes Qatar revives plan to build Harrods Hotel in KL


WAJIB - Harrods gedung mewah terkemuka dunia.
KUALA LUMPUR: The Ministry of International Trade and Industry (Miti) hopes the Qatari government will reconsider its plans to build the Harrods Hotel in the capital after cancelling the project in 2015.

Minister Datuk Seri Mustapa Mohamed said the construction of the hotel would enhance the image of the country as a tourist destination for foreign tourists.

“Harrods is a great brand and if they decide to revive the project, it’s a good move,” he said.

He said this to reporters after a bilateral meeting with Qatar’s Minister of Economy and Trade, Sheikh Ahmed Jassim Mohammed Al Thani, in Kuala Lumpur on Monday.

The Harrods Hotel project, located between Jalan Raja Chulan and Jalan Conlay in downtown Kuala Lumpur, was announced in 2012 as a joint-venture project between Qatar’s investment wing, Qatar Holding LLC, which owns 100% stake in Harrods, with local company Tradewinds Corp Bhd and entrepreneur Tan Sri Desmond Lim Liew Choon.

The plan, which was to open the hotels at sites in key cities such as Kuala Lumpur, New York and Paris, was cancelled in 2015 by Qatar without giving a clear reason.

Mustapa said Malaysia encouraged Qatar to invest in hotels in this country as the investment was one of the important industries in the country’s economy.

He said besides Kuala Lumpur, other destinations that were proposed were Langkawi and Kota Kinabalu which were tourist destinations but still short of hotels.

At the event, Mustapa also witnessed the signing of a memorandum of understanding (MoU) and memorandum of agreement between the Malaysian Chamber of Commerce and Industry with Qatar Chamber of Commerce.

He also witnessed the exchange of MoU documents between local universities and the centres of higher learning from Qatar. - Bernama

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Nvidia scandal's Malaysian link
Zetrix AI confirms RM25mil sukuk default, pledges quick settlement
Newsweek recognises Sunway Medical Centre Penang among world's best hospitals, clinics for medical tourism 2027
Anthropic IPO to raise as much as US$64.4bil, latest draft prospectus shows
Matrade eyes new export markets in Africa, Latin America, central Asia
PMW International inks second supplemental contract with TNB valued at RM64.37mil
Public portion of Big Caring IPO 4.31 times oversubscribed
Citaglobal inks partnership to expand into blue carbon sector
Ringgit ends higher against US$ amid hopes of de-escalation in US-Iran conflict
Sunway REIT's net property income rises to RM128.3mil in 3Q

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read