Kuraman is sparsely populated and is popular with expatriates, divers and those who travel between Labuan and Brunei.
A Chinese investor is to spend RM8 billion to develop an international island resort and marina destination on remote Kuraman Island, located in Brunei Bay in Malaysia.
Kuraman is sparsely populated and is popular with expatriates, divers and those who travel between Labuan and Brunei.
Construction of a 147-hectare multi-hotel, residential and commercial project is due to begin early next year and is targeting 800,000 tourists a year when completed, Bernama news agency reports.
The project would consist of 16 three- to six-star resort hotels, a tourism town enclave, condominiums and apartments, international marinas, a wellness centre, water world theme park, sea water lagoon and signature seafood restaurants.
“There will be three more man-made islands, namely Kuraman 2, 3 and 4 to be built in stages around the existing Kuraman Island to be fully completed in 2029,” said developer Labuan Corp chairman Datuk Seri Amir Hussien.
He said the four islands would be transformed into the “Cancun” of the Far East, noting that an environmental impact assessment would be conducted to measure the impact on the Labuan Marine Park.