KOTA KINABALU: A Memorandum of Understanding (MoU) was signed between the Majlis Ugama Islam Sabah (Muis) and Zecon Berhad for a student housing development.
Advertisement (adsbygoogle = window.adsbygoogle || []).push({}); The project, worth RM1.3 billion, will be located on 15 acres of Muis land next to the Faculty of Medicine at Universiti Malaysia Sabah (UMS).
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Advertisement (adsbygoogle = window.adsbygoogle || []).push({}); The project, set to begin in late 2025, will create 500-600 job opportunities. The land will remain under Muis ownership, following the Build, Lease, Maintain & Transfer (BLMT) model.
Advertisement (adsbygoogle = window.adsbygoogle || []).push({}); The MoU was inked today by Muis Chairman Datuk Seri Haji Yahya Hussin and Zecon CEO Datuk Zainal Abidin Ahmad.