Making a splash: Malaysian firm turns old tin mine into a money-spinner
Article Abstract:
Sungeiway Holdings, a Malaysian quarry and property conglomerate, has scored a marketing success by converting an exhausted tin mine and limestone quarry in Kuala Lumpur into Malaysia's first water-amusement park. Called Sunway Lagoon, the park has attracted over 600,000 people since starting operation in Oct 1992 and will soon pay back the initial investment of 20 million Malaysian dollars. Moreover, the park is but one part of a much larger development that includes Bandar Sunway township with its new homes and shops, a college, a shopping mall and an office tower.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Ex-guerillas find a home in Peace Village
Article Abstract:
Members of the disbanded Communist Party of Malaya, who led one of the longest battles for communist rule in history, are now living in three villages set up for them by the Thai government. An accord between Malaysia and Thailand signed in 1989 signalled the official end of the party and the battle. Many of the veterans living in Peace Village, one of the three communities, are over 70 and fought for the cause for over 40 years.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
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