Eye On Malaysia To Move To Melaka

Currently situated in Taman Tasik Titiwangsa, Kuala Lumpur, the ferris wheel will be moved to Melaka. A permanent, RM42 million complex will be the new home for it. This will be a joint-venture with the ratio of 40-60 with the operator, MST AD Suria Sdn Bhd, taking up the larger share. Land will be provided by Melaka state subsidiary Kumpulan Melaka Berhad, contributing the 40%.

Some other interesting facts from the Star Online report:

1. Eye On Malaysia is the world's largest portable ferris wheel with a height of 60m.
2. The return on investment for this is forecasted to take 4 years.
3. About 6.8 million tourists are expected to visit Malacca this year with the number increasing to 8 million by 2010.

Visited the Eye On Malaysia last year and posted in the blog here.