Widad, Bin Zayed to jointly develop RM40bil Widad@Langkasuka


KUALA LUMPUR: Widad Business Group (WBG) has signed a collaboration agreement with Bin Zayed International (BZI) LLC to jointly develop a mixed development project known as Widad@Langkasuka in Langkawi worth RM40 billion.

WBG's founder and group executive chairman, Tan Sri Muhammad Ikmal Opat Abdullah said the financing for Widad@Langkasuka will come from both WBG and BZI on the agreement of 50:50 basis.

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