KUALA LUMPUR, Nov 27 — SP Setia Bhd today broke ground for two flyovers leading into and out of Aeropod, a re-development project of the Tanjung Aru Train Station in Kota Kinabalu.
The flyovers stretch 841m and 318m respectively and are targeted for completion by early 2018.
The ground breaking ceremony was witnessed by Deputy Chief Minister and Infrastructure Development Minister Tan Sri Panglima Joseph Pairin Kitingan, and Kota Kinabalu Mayor, Datuk Abidin Madingkar.
“This is one of the largest privately funded infrastructure projects for public use in Sabah.
“SP Setia is pleased to contribute to such a major transportation infrastructure with wide-ranging benefits for the people of Sabah,” SP Setia Chairman, Tun Zaki Tun Azmi said in a statement today.
He added upon completion, the flyovers would facilitate direct access into and out of the Kota Kinabalu City Centre and Kota Kinabalu International Airport, to the Tanjung Aru Train Station which is scheduled for completion by mid-2016.
The two flyovers are an integral part of a well-conceived traffic system which also incorporates an urban grade separation network for the entire Aeropod project, SP Setia said.
Besides these two flyovers, plans are also underway to construct two more.
The total construction cost for all four flyovers is about RM72.5 million.
The Aeropod, is a 24.3 hectare integrated development and transportation hub anchored by prime office space, a shopping mall, high-end retail outlets, international class hotels, serviced apartments, small office versatile office (SOVOs), luxury residential towers and modern railway station.
About one third of the land is dedicated to the railway system and public spaces, while around 16 hectares has been allocated for development of the other components.
The project which commenced in 2012, is expected to be fully completed in 2022 with a gross development value of RM1.8 billion and a gross floor area of about 3.8 million sq ft.