KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) is willing to emulate the construction of the Kuala Lumpur Sentral Business District, which is now 90% complete, in other countries.
The Kuala Lumpur Sentral Business District (KL Sentral CBD) comprising Sentral station, corporate office towers, business suites, five-star international hotels, luxury condominiums and a shopping mall, is expected to be completed by 2017.
Group managing director Datuk Mohamad Salim Fateh Din said the group is in talks with several countries to share its success in developing the business district.
“We will share our success with any country. If Pakistan comes and offers us, we will definitely go and share [our expertise],” he told reporters after the visit of Pakistan High Commissioner Shahid Masroor Gul Kiani to KL Sentral station yesterday.
Asked whether the group would partner local players in the respective countries to undertake similar projects, Mohamad Salim said it would depend on the terms and conditions imposed by their governments.
“The concept will definitely work because it is an urban generation concept,” he said.
Shahid Masroor said the concept of KL Sentral CBD could be emulated in Karachi, Islamabad, and Lahore on a small scale.
Mohamad Salim said MRCB is planning to develop a piece of land in the vicinity of KL Sentral CBD which would have a gross floor area of four million sq ft.
“It is the last piece of land left for high-value development in the area. MRCB wants to offer a development which is relevant to the market and the public,” he said.
The development will take place next year once the concept is firmed up, Mohamad Salim said. — Bernama
This article first appeared in The Edge Financial Daily, on November 13, 2013.
TOP PICKS BY EDGEPROP
Mont Kiara | New Condo Below Market Price
Mont Kiara, Kuala Lumpur
Cyberjaya DUAL KEY CONDO FREE FURNISHED+RENOVATED
Kota Damansara | Freehold Condo Walk To UNIVERISTY
Kota Damansara, Selangor
2.5 Storey Bungalow House Kg Kubu Gajah
Sungai Buloh, Selangor
(CMCO Offer) 5R6B Villa Style Super Link, Puchong
You Buy property , We help you pay Installments !!
Nilai, Negeri Sembilan
Cheras Semi D Below Market Price Left *7Units*
Cheras, Kuala Lumpur
You buy Property , We Help you pay installments !
Residence [email protected] [Foc Mot & Free Furniture]
Bandar Botanic/Bandar Bukit Tinggi, Selangor
Cyberjaya | Cash Back Up To 35K New Condo