Sungai Buloh RM3.1 billion Land Development

Overview:

• Sungai Buloh RM3.1 billion Land Development is a project involving seven separate development plots of eight office towers, one hotel block, one auditorium block and one facility block.
• The entire project will take approximately 12 years to complete, and will be developed by Malaysian Resources Corporation (MRCB) who were appointed by Kwasa Utama (KUSB), a company owned by the Employees Provident Fund (EPF). 
• The management contract was signed in October 2015 and the supplemental agreement to the management contract was signed in December 2016.

Wai Yee Tsang - Journalist Asia-Pacific