Ewein to develop Wellness City of Dreams

  • Business Premium
  • Tuesday, 14 Jul 2015

KUALA LUMPUR: Ewein Zenith Sdn Bhd, a 60% owned subsidiary of Ewein Bhd’s unit Ewein Land Sdn Bhd, will develop a 50-acre wellness resort city in Penang which will be fully operational by December 2020.

Ewein Bhd told Bursa Malaysia that it had been the champion for Entry Point Project (EPP) 10 under the wholesale and retail sector - setting up wellness resorts.

Its one-stop wellness destination, Wellness City of Dreams, will be for health, healing, recuperation, leisure, learning and entertainment.

Wellness City will include a wellness mall, wellness business and specialist centres, wellness resort and hotel, medical services such as anti-aging, aesthetics, and comprehensive regenerative treatments that make up the core health and wellness theme as listed in this EPP champion conferment by the Domestic Trade, Co-operatives and Consumerism Ministry.

“Its performance will be measured against the rate of growth of the gross national income (GNI) and the creation of employment opportunities that will be decided by Performance Management Delivery Unit (Pemandu) in the future.

Under the wellness resorts EPP, the Government is targeting gross national income of RM2.67bil by 2020 and the creation of 21,545 jobs in Kuala Lumpur.

Ewein Bhd closed unchanged at 80.5 sen on Tuesday. This project is located on 50 acres in Bandar Tanjong Pinang, and the recently announced RM800 million City of Dreams serviced apartments project forming part of this.

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