Este pin sigue las noticias: muestra lo que se sabe ahora, y aquí está qué cambió y qué lo provocó.
Editadopor @BuildDesk
Editadopor @BuildDesk
Eastern & Oriental Bhd (E&O) expects reclamation of the 507-acre Berhad told The Edge Malaysia in February 2026 that reclamation of Phase 2 of Andaman Island, off Gurney Drive in Penang, toshould finish by end-2027, December 2027, about a year ahead ofearlier than the earlier end-2028 expectation target it had held previously. Infrastructure works are separately targeted for 2029, 2029. Phase 2 covers 507 acres of a 760-acre man-made island; Phase 1 is 253 acres. The company puts Phase 1 gross development value at RM20 billion and E&O will seek additional Phase 2 at RM40 billion, and expects to raise further financing, likely bank borrowings; it borrowings, for infrastructure and working capital. In September 2025 E&O secured RM780 million fromof AmBank Groupfacilities for the Phase 2 in subsidiary Tanjung Pinang Development, covering reclamation, infrastructure and working capital. At that point reclamation was reported about halfway done with coastal protection complete, and the island's reclamation and infrastructure budget was cited as RM4 billion with RM1.5 billion already spent on Phase 1 infrastructure. A February 2026 contract notice shows Future Rock Sdn Bhd, a Kerjaya Prospek Group subsidiary, was awarded RM502.27 million of reclamation and dredging work for Phases 2B and 2C, starting 11 March 2026 and expected to complete before 31 March 2029. Timelines therefore differ by source: the company's end-2027 reclamation guidance, a September 2025 report of end-2028, a September 2026 visitor guide that still lists December 2028 for Phase 2, and the previous year The whole island is contractor's March 2029 deadline. Treat 31 December 2027 as company guidance, not a 760-acre reclamation: confirmed completion. Status: In Progress for Phase 2 reclamation (Phase 1 (253 acres, GDV RM20 billion) has launched six projects,already hosts launched residential projects such as The Lume and Maris, with Avea under development); the Phase 2 has an estimated GDV of RM40 billionacreage is quoted as about 570 acres in some reports and 507 acres in others.
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Según lo previsto, según la fuente: "es posible que estemos aproximadamente un año antes de lo previsto".
Opened page: 760 acres, Phase 1 253 acres, Phase 2 507 acres, Dec 2028 target, current launches.[1]
The Daily Express's own title - "Andaman Island by E&O: RM60bil township set for 2030 completion" - refers to the broader township's completion rather than the Phase 2 reclamation milestone the pin specifically tracks, so while related it targets a different, later date; the page itself could not be fetched to confirm details.
The Edge Malaysia's[5] February 26, 2026 report quotes E&O's managing director saying Phase 2 reclamation will finish by "end-2027," "about a year ahead of schedule," matching the pin's stored date and dateConfidenceReasoning quote exactly.
Opened page: Future Rock Sdn Bhd contract RM502.27m, start 11 Mar 2026, complete before 31 Mar 2029. Title paraphrased from page content.[1]
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Título original: Andaman Island Phase 2 Reclamation Targeted for Completion