NAZA MATRADE DEVELOPMENTS | Kuala Lumpur ( Jalan Duta ) | General News & Updates

[bart_shinoda]

hey xda rendering ka?

[rizalhakim]

Originally Posted by Riverofmoltensteel

Yes, I feel sorry for TM tower too Such a beautiful tower without a friend of it's own size.

Yes, not with only with the buildings above 300 meters to complete but the buildings over 250 meters such as TA, Four Seasons, and Lot C, I can imagine all that in my head. Supertalls and buildings above 250m, . Too bad TMs Menara Telekom wasn't built in KL CBD, would look real nice...

few projects still under planing in that arealah.....just wait n wait n waitlah....

[Riverofmoltensteel]

I think their mostly midgets...
What about Sungei Besi Hub and Plaza Raykat? Any news on them?

[TWK90]

Well, if the SP Setia project in Abdullah Hukum is materialised, then, most likely the TM Tower will have tall neighbour...

[Riverofmoltensteel]

Oh, I actually forgot about that project
Let's stay on the subject of the 100 storey building in this thread

[James Foong]

Originally Posted by Riverofmoltensteel

I think their mostly midgets...
What about Sungei Besi Hub and Plaza Raykat? Any news on them?

Sungei besi hub to me is dead from the beginning. What's used to be a quarry mine, some hundreds meters deep is now filled with loose rock and disturbed soil over the past. You can imagine building the foundation alone ll be massive by digging hundreds meters down until they could find a solid rock base. A nearby area where 3 storey shoplots are being build require a pile depth of 24m, about 1/3 of petronas towers pile depth.

[rizalhakim]

and do not forget the proposed TNB Tower....

[rizalhakim]

KL reaches for the skies, approval granted for several new superstructures
Stories by YIP YOKE TENG




On talks that a 100-storey skyscraper would be erected near the Matrade centre, bordering Jalan Kuching and Jalan Duta, Mahadi said it was merely an enquiry.

He said no plan or application had been submitted on the so-called project and it was too early to say that Kuala Lumpur would have another building taller than the Twin Towers.

“High-rise projects in Kuala Lumpur have to abide by height guidelines.

“They cannot just follow the fancy of the landowners. These developers have been well informed of the policies in the Kuala Lumpur Structure Plan 2020, draft Kuala Lumpur City Plan 2020 and other planning regulations,” he said.

“The height of the buildings is related to land value, the more expensive the land, the higher the buildings but we still need to look into other aspects like road systems and public transport,” Mahadi said.

[OshHisham]

1 berita...10 tempat you post....?

[rizalhakim]

sbb dis article related dengan few projects...kenapa ko tak reti baca ker???

[patchay]

rizal posting the relevant parts of the article to the related thread... next time we dont have to search one topic at other threads... good job!

[rizalhakim]

i found this the proposed gujarat tower in india.....im hoping sumtin like dis in kl sumday but not too weird like dis lah...

[patchay]

Naza TTDI set to bag RM14b job
Monday, October 26, 2009
Business Times

The property arm of the Naza Group is set to bag the job to build Malaysia's largest international conference and exhibition centre for heavy industries

NAZA TTDI, the property arm of the Naza Group, is set to clinch a RM14 billion property development project on a 24.2ha parcel of land near the Malaysia External Trade Development Corp (Matrade) headquarters in Kuala Lumpur.

Sources said the flagship project will be the construction of Malaysia's largest international conference and exhibition centre.

It will specifically cater to heavy industries like shipping, machinery, trains as well as high technology industries such as aerospace.

"The expo centre is part of the government's vison to elevate Malaysia as a regional hub at par with South Korea, China and Japan as well as bolster innovation among Malaysians," said a source.

The project will also include residential units such as condominiums as well as commercial buildings and may take at least five years to complete.

It is understood that the project will be signed between the government and the Naza Group as early as the end of this month (October 2009).

"The expo centre will offer something different because traditionally people always go to the Putra World Trade Centre, Kuala Lumpur Convention Centre and Matrade headquarters for small- and medium-scale events, furniture fairs, export-import fairs or auto shows.

"This massive expo centre will offer something never done before, which are heavy industries such as ships and airplane components and even aerospace," said the source.

Sources said the Naza Group is currently seeking financial partners and is willing to do the project on a joint-venture basis.

It has approached banks like CIMB Group Holdings Bhd, the AmBank Group as well as government-owned funds like the Employees Provident Fund and Permodalan Nasional Bhd.

Neither Naza TTDI managing director SM Faliq SM Nasimuddin nor other Naza officials responded to questions sent by Business Times.

The Naza Group, traditionally known for its automotive operations, also aims to gain equal prominence in its property business as it targets to become among Malaysia's top three developers in five years.

The group is sitting on 180.59ha of land in the Klang Valley with a potential RM7.6 billion gross development value (GDV).

Naza TTDI raked in a net profit of RM86 million on revenue of RM239 million last year.

It has secured orders of RM1.8 billion from projects like the Platinum Park near the Kuala Lumpur City Centre, of which RM1.5 billion has yet to be billed.



Naza TTDI eyeing construction of Malaysia’s largest centre

A subsidiary of Naza Group, Naza TTDI is eyeing for Malaysia’s largest international centre used specifically for conference and exhibition events for heavy industries worth RM14 billion.

Stretched on 24.2 ha land located somewhere near Malaysia External Trade Development Corp (Matrade) headquarters in the capital city, Kuala Lumpur, Naza TTDI hopes to clinch the project to build the centre for machinery, shipping, trains and high technology industries namely aerospace.

According to some sources, the development of such project introduced by the government is meant to promote the country as a regional hub similar to other developed nations such as South Korea, China and Japan. Besides housing the centre, the project also consists of residential units which are expected to complete within five years.

The agreement of the project would be signed between Naza and the government by October 2009. The construction of such massive centre is totally different from the expo centre located in Putra World Trade Centre and KLCC. Those are catered for small and medium-scale events while this new centre is catered for heavy industries including ships, airplane and even aerospace.

Sources revealed that Naza Group is looking for suitable financial partners on a joint-venture agreement for the project. So far, Naza has discussed the matter with government-owned funds such as EPF and Permodalan Bhd as well as large financial banking namely Ambank Group and CIMB Group Holdings Bhd.

[patchay]

Jetson: UMA could be linked to Naza-Matrade project
by Joseph Chin
TheEdgeDaily 13 November 2009

KUALA LUMPUR: Kumpulan Jetson Bhd believes the recent unusual market activity (UMA) involving its securities could be due to public speculation over the privatisation of a project by the Malaysia External Trade Development (Matrade) to the Naza Group.

"... whereby the market may had linked the Naza Group to Jetson Group by way of common shareholders," said Jetson, in reply to the Bursa Malaysia Securities query at midday on Friday, Nov 13.

The company said after making due enquiry with the board of directors and major shareholders (except Sheikh Mohd Faliq Sheikh Mohamad Nasimuddin Kamal who was not contactable at the moment), there is "no material corporate development not previously disclosed".

[patchay]

my assumption only:


Source: wikimapia

[rizalhakim]

another cool project from Naza....

[rizalhakim]

Originally Posted by rizalhakim

another cool project from Naza....

MICE industry boost
By Rupa DamodaranPublished: 2009/11/18



The government, through a private financing initiative, is partnering Naza TTDI KL Metropolis Bhd to build the country's largest exhibition and convention centre in Kuala Lumpur.

The RM628 million premier convention centre, which will take the shape of a rubber seed, will be known as Matrade Centre, as it will be sited next to the existing Menara Matrade on Jalan Khidmat Usaha, off Jalan Duta.

Slated for completion in 2014, the groundbreaking ceremony is expected to take place in the first quarter of next year.

A privatisation agreement was signed between the government and Naza TTDI yesterday, witnessed by International Trade and Industry Minister Datuk Mustapa Mohamed.

Mustapa said the government is providing a land swap in the project for the centre.

"It has been estimated that in 10 years, the whole project would create a GDV (gross development value) of RM15 billion," he told a media briefing after the signing ceremony in Kuala Lumpur yesterday.

He said Malaysia currently lags behind neighbouring countries in developing its meeting, incentive, convention and exhibition (MICE) industry, but as a trading nation it needs to enhance export promotion activities.

"We have been promoting MICE in the past but we were constrainted from going for large-scale conferences of 5,000 to 10,000 participants due to space limitation."

Located along Jalan Duta, the proposed 1 million sq ft centre will be linked to Menara Matrade, and will offer a suitable venue to host major heavy industries and advanced technology exhibitions.

It will fulfil demand for ongoing events such as the Defence Services Asia Exhibition and Conference, the Malaysian International Furniture Fair, the Malaysia International Halal Showcase and the International Trade Fair Malaysia.

"Built to international standards and specifications with state-of-the-art facilities, it will further strengthen Kuala Lumpur as the choice MICE destination in the region," said Mustapa.

Naza TTDI Sdn Bhd chairman SM Nasarudin SM Nasimuddin said several architects, including international ones, are currently bidding for the masterplan to develop the 5.24ha site, which will include hotels and shopping malls.

He said the total gross floor area of 1 million sq ft is at par with similar exhibition centres in Thailand and Singapore.

Its three floors of exhibition hall will have a column free space of 30m to 60m wide.

On financing, he said, it will be internally sourced and tapped from domestic banks.
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....naza's surely will be 1 of malaysia best/biggest developer 10years from now.....

[nazrey]

[rizalhakim]

From left: S.M. Nasarudin S.M. Nasimuddin, Datuk Mustapa Mohamed and Deputy International Trade and Industry Minister Datuk Mukhriz Mahathir viewing a miniture model of the Matrade expo centre.

We have four international architects bidding for the master plan and it should be finalised in mid-December.

“We plan to build shopping malls, hotels and offices,” he said after the agreement signing ceremony yesterday.

Originally Posted by rizalhakim

another cool project from Naza....

The Matrade Centre is expected to be completed within the next three years and will comprise three floors of exhibition space to cater to 12 exhibition halls.

Meanwhile, Naza TTDI Sdn Bhd chairman, SM Nasarudin SM Nasimuddin said the Matrade Centre will be conveniently linked to the existing Menara Matrade.

"It will offer the country a suitable venue to host major heavy industries and advanced technology exhibitions, in line with the government's vision to elevate Malaysia to the status of a regional hub for trade fairs, exhibitions and conventions," he added.

He said construction of the centre is expected to start in the first quarter of next year.

Apart from having the three floors of exhibition space, the centre will also house a multi-purpose hall, plenary hall, meeting rooms and display areas.

[rizalhakim]