CYBERJAYA: Prime Minister Datuk Seri Najib Razak today was upbeat about the Cyberjaya City Centre project which he believes can contribute to the growth of Cyberjaya and turn it into a global technology hub.
The Malaysian Resources Corporation Bhd’s (MRCB) latest Transit Oriented Development (TOD) Project is highly anticipated to take the nation’s technology hub to the next level, he said.
“This is a game changer that will complete the transformation of Cyberjaya to become a global technology hub and a smart city.
“With a GDV value of RM11 billion, the Cyberjaya City Centre can provide a complete ecosystem to the area,” said Najib at the 20th Cyberjaya anniversary celebration.
The Cyberjaya City Centre project comprises a total land area of 141 acres with the gross development value of Phase 1 estimated at RM5.3 billion.
Najib said the Cyberjaya City Centre would be a mixed development featuring a convention centre and hotel, office towers integrated with a MRT station, shopping mall and serviced apartments with retail outlets.
The prime minister said he that he has been briefed that the first phase of the Cyberjaya City Centre project is well underway and the convention centre as well as the hotel were scheduled to be ready by 2019.
MRCB group managing director Tan Sri Mohamed Salim Fateh Din said the company would continue to leverage on its expertise as a TOD specialist.
“There is a lot to look forward to with Cyberjaya City Centre and I believe it will transform Cyberjaya into a truly modern city, befitting its status as the nation’s tech hub.
“With Cyberview (Sdn Bhd) as our partner, I am confident this project will be a success,” said Salim.
He also said the project would subsequently contribute to the real estate value of neighbouring areas such Dengkil and Sri Kembangan.