Green Venture Capital (GVC), a subsidiary of Wawasan Qi Properties Group (WQIP) held a ground-breaking ceremony for their upcoming project on Qi City. It was held at the intended site in Bandar Meru Raya, Ipoh on Friday, September 9.
The event, which began at 9.30am, was attended by Menteri Besar, Dato’ Seri Diraja Dr Zambry Abdul Kadir; Chief Executive Officer of GVC, Chandragesan Suppiah; Executive Chairman of Qi Group, Dato’ Sri Vijay Eswaran and Chairman of China Energy Hua Ren, Wang Wei.
The first phase of the RM1.2 billion project, consisting of mixed residential and a commercial education city sits on a 26-acre site. It is expected to complete in three years. This is where the new Quest International University Perak (QIUP) campus will be located.
A 840-bed teaching hospital, three condominium blocks with a total of 768 units, retail outlets, 460 units of hotel suites and a convention centre which can accommodate 1500 people are also in the pipeline.
“By having this, we’re putting Ipoh on the medical tourism map with Meru at its centre. I am excited to see how it develops,” said Vijay.
“We’re using University Malaya Medical Centre as our model and we have obtained its cooperation,” he added.
The developers have picked Ipoh, as they felt the city has much potential.
“This development is bound to create opportunities for commercial growth, investments and a catalyst for employment,” said Chandragesan.
Zambry expressed his satisfaction with the on-going projects as they complement the state’s aspiration of developing Perak into a global commercial, education and medical hub – a one of its kind.