Today, Melaka still exudes the charm of an ancient city and in 2008, the city was listed as a World Heritage site by UNESO.
Melaka is a strategic location that in between Kuala Lumpur and Singapore
Melaka which is 148 kilometres (92 miles) south east of Malaysia’s capital city Kuala Lumpur, 235 kilometres (146 miles) north west of Johor’s largest city Johor Bahru, and 95 km (59 miles) north west of Johor’s second largest city, Batu Pahat.
Melaka has been a Unesco World Heritage city since 2008
Melaka had over 16 million tourist arrival in 2016.
Melaka was named by lonely planet as one of the asia’s Top 10 travel destinations in 2017. The British Post ranked Melaka fifth in list of the world’s trendiest holiday destination.
One Belt one road initiative
Accelerating Melaka’s Economic Growth.
The One Belt, One Road initiative will enhance the cooperation between Melaka and China Guangdong province in the areas of economy, trade tourism and culture. In the global real estate market, Malaysia has emerged as one of the most coveted investment locations in recent years. Its gross rental return are among the highest in Asia ahead of Hong Kong and Singapore.
Deep Sea Port
Ever since China rolled out its Belt and Road initiative, many countries have received billions of dollars towards infrastructure development to boost trade and investment along the old Silk Road that connects China and many other countries.
One of the big area in China’s investment has been in ports, and Malaysia has been a huge recipient of those investments. It was reported that Chinese companies will be investing US$7.2bil in the Melaka Gateway. Deep sea port in Melaka is reportedly targeted to be a liquid cargo terminal with storage facilities that will benefit oil trading in Asia, Europe and the Middle East.
KL-Singapore High-Speed Railway
Connecting Melaka to Singapore within 45 minutes. Estimated to be completed in 2026, the railway will drive local and regional economic development to new heights. A new coastal highway under construction will be provide direct access to the beaches of Port Dickson and the city of Kuala Lumpur. Direct flights from Guangzhou, Indonesia and Vietnam are expected to draw more tourist to Melaka.