KUALA LUMPUR: Lendlease Projects (M) Sdn Bhd, the developer behind TRX Lifestyle Quarter, has awarded the next construction phase of the retail component WCT Bhd (WCTB).
The contract is valued at RM555 million and will be completed over the next two years.
“We are fully committed to TRX and have a proven track record of working with government authorities and industry peers to ensure our global expertise in development, construction, safety and sustainability can benefit the industry,” said its managing director Stuart Mendel.
“We have made significant progress on TRX and welcome the on-going commitment from international investors like Lendlease. We will be working closely together to deliver a high quality city district for the benefit of Malaysia and all Malaysians,” said TRX City chief executive officer Datuk Azmar Talib.
This contract demonstrates Lendlease and TRX City’s support for Malaysian businesses in
delivering the high-quality city development, which will provide thousands of new jobs, leading
technology and international standards of design contributing to the future of Kuala Lumpur.
TRX Lifestyle Quarter is being developed by Lendlease through a joint venture with TRX City Sdn Bhd, a wholly-owned subsidiary of the Ministry of Finance.
It will be a central part of the overall TRX new financial district masterplan.