Plaza Rakyat is back on track
Global Upline expects to complete Phase 1 of Plaza Rakyat early
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ULTRA modern... the model of Plaza Rakyat, to be developed soon by Global Upline Sdn Bhd, June 9. - Utusanpix.
KUALA LUMPUR June 9 - Global Upline Sdn Bhd, the new contractor awarded to undertake the RM420-million Phase 1 of the Plaza Rakyat project is confident of completing the construction ahead of schedule.
Its chairman, Tan Sri Datuk Amar Dr Sulaiman Daud, said the company would strive to complete the job satisfactorily and quickly in line with its record of performance.
The company owns a large pool of heavy machinery, as well as the management and staff to ensure that work is not slowed down unnecessarily, he told reporters after a ceremony here on Monday to mark the handing over of the letter of award of contract and possession of site to Global Upline.
The Plaza Rakyat project is an ultra modern joint-venture mega project between Plaza Rakyat Sdn Bhd, a wholly-owned subsidiary of Wembley Industries Holdings Bhd and Datuk Bandar Kuala Lumpur.
The ceremony on Monday was witnessed by the Mayor of Kuala Lumpur City Hall Datuk Mohmad Shaid Mohd Taufek and Plaza Rakyat executive chairman Tan Sri Dr Ting Pek Khiing.
Located along Jalan Pudu, next to Hentian Puduraya, the project which spreads over 15.3 acres, was conceived as an integrated mixed-use development project aimed at revitalising the inner urban core of Kuala Lumpur.
Work on the project which has been long overdue, would be resumed by Global Upline and is expected to complete in 2006.
The earlier contractor from Korea was terminated in April.
Dr Sulaiman said Phase 1 will consist of a seven-storey retail podium block with six basements, a 157-room budget hotel, parking bay for 1,600 cars for the retail podium, taxi and bus terminals spread over three basement levels.
The total gross built-up area with the transport system would be 3.5 million sq ft, below and above groundlevel.
Dr Sulaiman said that although the phase I project was due for completion within 30 months in 2006, he hoped to complete the project ahead of schedule.
Among the projects undertaken by Global Upline include the construction of auxiliary cofferdam of the Bakun Hydroelectric project worth RM70 million within the budget and within the stipulated 12 months construction.
The project utilised one million man-hours with zero fatality.
The other project was the construction of new Bintulu Airport worth RM400 million, and civil and building works for the upgrading of the Miri Airport (RM100 million) whereby both were completed one year ahead of schedule with zero fatality.
MEANWHILE, in a related development, Dr Ting said 10 percent of the one million sq ft of available retail space in Plaza Rakyat had been sold thus generating a revenue of RM134 million.
The company would be carrying out an exercise in January to promote the sales of the retail space.
He said the project was designed by American design architects and engineers, Skidmore, Owings and Merrill.
Asked when the contract for the phases II and III would be awarded, Dr Ting said the company had not made any decision on the matter as yet.
On the joint-venture with DBKL, Dr Ting said the local authority would be allocated among others, a hawkers' centre, LRT station, pedestrian mall, bridge, a two-hectare roof-top park, and amphitheatres.
Global Upline expects to complete Phase 1 of Plaza Rakyat early
KUALA LUMPUR June 9 - Global Upline Sdn Bhd, the new contractor awarded to undertake the RM420-million Phase 1 of the Plaza Rakyat project is confident of completing the construction ahead of schedule.
Its chairman, Tan Sri Datuk Amar Dr Sulaiman Daud, said the company would strive to complete the job satisfactorily and quickly in line with its record of performance.
The company owns a large pool of heavy machinery, as well as the management and staff to ensure that work is not slowed down unnecessarily, he told reporters after a ceremony here on Monday to mark the handing over of the letter of award of contract and possession of site to Global Upline.
The Plaza Rakyat project is an ultra modern joint-venture mega project between Plaza Rakyat Sdn Bhd, a wholly-owned subsidiary of Wembley Industries Holdings Bhd and Datuk Bandar Kuala Lumpur.
The ceremony on Monday was witnessed by the Mayor of Kuala Lumpur City Hall Datuk Mohmad Shaid Mohd Taufek and Plaza Rakyat executive chairman Tan Sri Dr Ting Pek Khiing.
Located along Jalan Pudu, next to Hentian Puduraya, the project which spreads over 15.3 acres, was conceived as an integrated mixed-use development project aimed at revitalising the inner urban core of Kuala Lumpur.
Work on the project which has been long overdue, would be resumed by Global Upline and is expected to complete in 2006.
The earlier contractor from Korea was terminated in April.
Dr Sulaiman said Phase 1 will consist of a seven-storey retail podium block with six basements, a 157-room budget hotel, parking bay for 1,600 cars for the retail podium, taxi and bus terminals spread over three basement levels.
The total gross built-up area with the transport system would be 3.5 million sq ft, below and above groundlevel.
Dr Sulaiman said that although the phase I project was due for completion within 30 months in 2006, he hoped to complete the project ahead of schedule.
Among the projects undertaken by Global Upline include the construction of auxiliary cofferdam of the Bakun Hydroelectric project worth RM70 million within the budget and within the stipulated 12 months construction.
The project utilised one million man-hours with zero fatality.
The other project was the construction of new Bintulu Airport worth RM400 million, and civil and building works for the upgrading of the Miri Airport (RM100 million) whereby both were completed one year ahead of schedule with zero fatality.
MEANWHILE, in a related development, Dr Ting said 10 percent of the one million sq ft of available retail space in Plaza Rakyat had been sold thus generating a revenue of RM134 million.
The company would be carrying out an exercise in January to promote the sales of the retail space.
He said the project was designed by American design architects and engineers, Skidmore, Owings and Merrill.
Asked when the contract for the phases II and III would be awarded, Dr Ting said the company had not made any decision on the matter as yet.
On the joint-venture with DBKL, Dr Ting said the local authority would be allocated among others, a hawkers' centre, LRT station, pedestrian mall, bridge, a two-hectare roof-top park, and amphitheatres.
