Open Road Asia and Permodalan Kedah ink deal to develop RM1.3 bil motorsports facility in Langkawi

Open Road Asia and Permodalan Kedah ink deal to develop RM1.3 bil motorsports facility in Langkawi

Last week, it was reported of plans to have an international-grade motorsports circuit up and running on the island of Langkawi by the third quarter of 2023, the development being a joint effort between Permodalan Kedah Berhad (PKB) and a private company.

Today, that project was made official with the signing of a joint venture agreement between Open Road Asia and PKB to construct the Open Road International Circuit & Integrated Resorts on a tract of 183 acres of sea-facing land in Bukit Malut. The agreement was inked in Alor Setar by Open Road founder and group advisor Datuk David Goh and PKB CEO Abdul Rahman Haji Din.

The planned facility will not only be home to a FIA-sanctioned motorsports circuit but will also house a fully-integrated resort, which will consist of luxury residential properties, high-end luxury retail outlets, five-star hotels, a number of 4S automobile dealerships as well as a 900-car storage facility, petrol stations and world-renowed restaurants.

The 5.8 km-long main circuit will be equipped with infrastructure that meets FIA Grade 2, FIM Grade B and CIK-FIA certification standards, which makes it capable of hosting ‘all world-class motorsport-related events’ excluding Formula 1 races. It will include one of the longest circuit straights in the world as well as banked curves and multiple downhill-elevation-drop hairpins.

“This ORIC Integrated project, with a gross development value of RM1.3 billion is expected to provide an immediate high impact economic boost to Langkawi and the state of Kedah, and Malaysia upon its completion. With a projected increase of high-spending and affluent tourists’ arrival both locally and internationally, it is envisioned that this project will help create an endless stream of business and job opportunities for Kedahans via the island’s economic expansion,” Goh said.

When finally up and running, Open Road Asia says the facility is slated to put Langkawi at the forefront of motorsports in Asia by being a new testing ground and racing destination for major automotive manufacturers, motorsports enthusiasts and racing teams the world over. Watch the virtual tour of the track – and related facilities – in the video below.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • pengayuhbasikal on Mar 31, 2021 at 4:43 pm

    soon…langkawi is no longer a nice island to stay… if not properly planned and managed…pollution is on the way

    Like or Dislike: Thumb up 6 Thumb down 0
    • langkasukaboy on Mar 31, 2021 at 9:24 pm

      soon…langkawi can become the monte carlo of asia…

      Like or Dislike: Thumb up 3 Thumb down 2
    • Kunte on Apr 01, 2021 at 4:49 pm

      A few cars racing in Langkawi, it will become polluted. Many factories were built in Penang, it’s healthy and green.

      Like or Dislike: Thumb up 2 Thumb down 0
  • suomynona on Mar 31, 2021 at 5:03 pm

    Tahniah Langkawi & saya anak Kedah serata rata. Pulun kedah Pulun!!

    Like or Dislike: Thumb up 2 Thumb down 2
  • 4G63T DSM on Mar 31, 2021 at 8:33 pm

    1.3 billion.

    Yet, still can’t drive to the island.

    Like or Dislike: Thumb up 2 Thumb down 0
  • Call me by your name on Mar 31, 2021 at 11:16 pm

    Now even more people gonna store their car over there and avoid paying taxes ‍♂️

    Like or Dislike: Thumb up 2 Thumb down 0
  • Imagine Langkawi become the hub for supercars.

    Like or Dislike: Thumb up 0 Thumb down 0
  • question of the day: can have free flow alchohol at the track ah?

    Like or Dislike: Thumb up 1 Thumb down 0
  • yusry kru on Apr 02, 2021 at 3:45 pm

    Neraka Hijau!

    Like or Dislike: Thumb up 0 Thumb down 1
 

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