Wednesday, November 20, 2013

MRCB keen to replicate project

By Sharen Kaur

MALAYSIAN Resources Corp Bhd (MRCB) plans to enter countries like South Africa and Pakistan to
replicate its RM15 billion Kuala Lumpur Sentral (KL Sentral) project in Brickfields, here.

Group managing director Datuk Mohamad Salim Fateh Din said MRCB has received enquiries from a number of countries to share the KL Sentral blueprint.

"It has always been MRCB's plan to replicate KL Sentral. We will go anywhere that requires a transport hub," said Salim, who is chairman of the Malaysia-Pakistan Business Council (MPBC).

Salim said for foreign markets, it may develop the project on a public-private partnership basis or go in as a
consultant.

"We can also build and transfer technology. KL Sentral is a home-grown brand. We have stabilised the concept and are open to sharing it with the rest of the world who want to know how we succeeded."

Salim was speaking after an official visit by Pakistan High Commissioner Shahid Masroor Gul
Kiani and representatives from MPBC to the new Shell Tower at KL Sentral.

Spread across 29.16ha, KL Sentral encompasses the RM1.1 billion world-class transit hub Stesen Sentral,
several Grade A office towers, suites, residences, hotels and a mall.

The development, which commenced in 1995, is expected to be fully completed in 2017, Salim said.

Shahid, meanwhile, said Pakistan, which has a population of more than 180 million, will need a development
like KL Sentral.

"We like KL Sentral as it is integrated and well-connected via rail and road. This development can be
replicated in three major cities, namely Lahore, Islamabad and Karachi.

"We are requesting MRCB to talk to business and political leaders in Pakistan about it," he said.

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