KUALA LUMPUR: Datuk Redza Rafiq, formerly chief executive of Northern Corridor Implementation Authority, is spearheading Sime Darby Property Bhd’s charge to develop the Malaysia Vision Valley (MVV) project.
A quick check on Bursa Malaysia showed that Redza’s appointment was not officially made. But it is learnt that he had been appointed as chief executive officer of MVV Holdings Sdn Bhd, which is developing the project.
He will now lead the planned development on thousands of hectares without the Kuala Lumpur-Singapore High Speed Rail station in Labu, Negri Sembilan following a review of the country’s mega projects by the government recently.
Redza did not respond when contacted by NST Business.
The MVV project - covering an area of over 153,000 in Nilai, Seremban and Port Dickson, all in Negri Sembilan - is expected to be completed within 30 years from its announcement sometime in 2017.
A consortium consisting of Sime Darby Property, the Retirement Fund Inc and Brunsfield Development Sdn Bhd had in 2017 agreed to explore the opportunity to develop the first phase of the MVV on 11,000ha.
Sime Darby Property owns 3,196 acres (1,293ha) of land within MVV and has the option to acquire another 8,793 acres from Sime Darby Bhd and Sime Darby Plantation Bhd within five years.
Sime Darby Property group managing director Datuk Seri Amrin Awaluddin had said in February this year that MVV infrastructure work had commenced.