Negri proposes RM640bil partnership with Federal Govt

SEREMBAN: The Negri Sembilan government has proposed a sprawling multi-billion ringgit partnership with the Federal Government to ease congestion in the Klang Valley.

Mentri Besar Datuk Seri Mohamad Hasan said the proposed Malaysian Vision Valley (MVV) project covering 108,000ha would be spearheaded by the private sector, with a gross development value of RM640bil over 30 years.

“MVV alone is expected to increase the national GDP (gross domestic product) growth by 3.5%,” he said.

The move is also aimed at making it cheaper for investors to do business in Malaysia and to compel developers to build more affordable homes.

“MVV will see companies with large swathes of land coming together and forming something like a consortium to develop the area.

 

“We have divided the area into five clusters which will see massive development in the next 30 years,” Mohamad told reporters.

Citing an example, he said Seremban would be turned into a central business district while the Nilai-Enstek-Sendayan area would be an education-cum-sports cluster.

“For a start, there will be a 2,440ha manufacturing zone which will cater to different types of industries in MVV.

“There will also be a 400ha Central Park in Galla,” he said, adding that the Government would provide the infrastructure in MVV.

He said the Rantau-Jimah cluster had been earmarked for new residential areas, where more affordable homes would be built.

“A new Outer Ring Road linking the periphery of Seremban and the KLIA-Port Dickson highway project will also be built in MVV,” he added.