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Six firms keen on Bandar Malaysia, says Irwan



Six firms have shown interest in becoming the master developer of Bandar Malaysia, said Treasury secretary-general Mohd Irwan Serigar Abdullah.
"We took them for a site visit and they need to submit (their proposals) by end of this month," he said to reporters after attending the launch of the Volunteering for International Professionals (VIP) program at the Finance Ministry today.
Mohd Irwan, who is also Bandar Malaysia Sdn Bhd chairperson, said he was not sure which of the six companies will submit their proposals by the end of this month.
Putrajaya is currently seeking for a company to spearhead the multi-billion ringgit property development project in the heart of Kuala Lumpur. 
Originally, Putrajaya's plan for Bandar Malaysia involved selling off a 60 percent stake in the project to the Iskandar Waterfront Holdings (IWH) and China Railway Engineering Corp (CREC) consortium.

However, the deal was called off after the consortium allegedly failed to meet the payment schedule.
Following this, a fresh Request for Proposal (RFP) was issued in June. At the time, Irwan said that Putrajaya was eyeing Fortune 500 companies to take up the project, effectively disqualifying Malaysian developers. 
After the RFP was issued, a report said that Malaysia has received nine pitchesfrom Chinese and Japanese entities for the Bandar Malaysia project. - Mkini


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