Borneo Samariang Resort City (BSRC) Launch

Kuching, 13 November 2013 – Sentoria Group Berhad (Sentoria), responsible for Kuantan’s highly successful Bukit Gambang Resort City, is closer to the materialisation of its third resort city with the official Project Launch of Borneo Samariang Resort City (BSRC) by Pehin Sri Haji Abdul Taib Mahmud, Chief Minister of Sarawak, at Borneo Convention Centre, in Kuching.

Sentoria announced the purchase of 500 acres of development land from a subsidiary of Cahya Mata Sarawak Berhad (CMS) back in August this year. The components of the resort city have been identified and revealed to the public during the said project launch. BSRC will now consist of a Water Theme Park, Safari Park, Resort Accommodations, MICE facilities, Brand Village, facilities for Extreme Outdoor Activities as well as commercial and residential development.

“Sentoria is committed not only to fast track the development of Borneo Samariang Resort City but also to set its standard even higher for it to play a major role in providing international standard theme parks, tourist accommodation and MICE facilities in Sarawak to increase tourism and to provide much needed new family focussed leisure activities for the people of Kuching and Sarawak.”Dato’ Gan Kim Leong Joint Managing Director, Sentoria Group Bhd “This combination of a large scale water theme park of over 20 acres, safari park, resort accommodations and MICE facilities with ancillary mixed use commercial and urban housing is one that will galvanise additional development in Bandar Samariang. This adds a new dynamic new growth quadrant for Kuching’s Northern perimeters that ties in with the State’s plans for the expansion of greater Kuching.” Dato’ Richard Curtis Group Managing Director, Cahya Mata Sarawak Bhd

BSRC will complement Sarawak’s other natural attractions such as the Bako National Park, Santubong & Damai beach area, Mulu Caves as well as contributing towards increasing Sarawak’s Tourism revenue. The resort city is expected to be another reason for tourists to extend their stay in Sarawak.

Sentoria and CMS, through their wholly owned subsidiaries, Sentoria Borneo Samariang Sdn Bhd and Projek Bandar Samariang Sdn Bhd, also signed a Memorandum of Understanding with University Malaysia Sarawak (UNIMAS) at the same venue today. The MOU is to appoint UNIMAS to conduct a study on the following;

a) To determine the sustainability of tourism products associated with KWNP and its immediate surroundings. This study focuses on wildlife (dolphins, fireflies, proboscis monkeys, birds and crocodiles), river cruises and the adjoining fishing villages.

b) To determine current patterns of visitor arrival, perception and satisfaction.

c) To estimate the current and future value of tourism at KWNP

d) To study the maintenance and/or KWNP rehabilitation needs to support the anticipated visitor growth and the needs generally of KWSP

BSRC is strategically located between Kuching city centre (20km) and the famous Santubong area (15km). Sarawak Cultural Village, where the Rainforest Music Festival is being held annually, and Borneo Convention Centre are only about 10 km from BSRC. This would enable BSRC to play a strong supporting role for events held at these places.

The leisure & hospitality segment of BSRC is, targeted for completion within an eight-year timeframe, with the total development value estimated to be RM0.73 billion. The mixed property development component is estimated to have a Gross Development Value (GDV) of RM1.27 billion spanning over 10-year period.