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Thursday October 27, 2011
By YVONNE LIM firstname.lastname@example.org
KUALA LUMPUR: The KL Metropolis project was inspired by Naza Group founder Tan Sri SM Nasimuddin SM Amin, said his son SM Nasarudin SM Nasimuddin.
Nasarudin, who is Naza TTDI chairman, said the RM15bil project was the realisation of his father's vision, which was mooted four-and-a-half years ago.
“KL Metropolis was inspired by my father's vision and passed on to our family. This was paired with the Government's aim to create an international trade and exhibition district in Kuala Lumpur,” he said at the launch of the project here on Tuesday.
The KL Metropolis project comprises high-technology buildings, luxury condominiums, hotels, art and healthcare centres, commercial blocks, retail stores and a tower.
It will also include a new exhibition centre. Construction of this RM628mil centre will begin in the middle of next year.
KL Metropolis is located within the Jalan Duta area, spanning 30.55ha. Its neighbouring areas are Damansara Heights, Sri Hartamas, Mont Kiara and Bangsar.
In his speech, Nasarudin said Naza TTDI had budgeted RM500mil to develop first-class infrastructure within the district.
Phase one of the project, which is expected to be completed by 2015, would include an exhibition centre, a regional retail centre, two hotels as well as offices and residential units.
“Phase two and three will include more commercial and residential components,” he added.
Nasarudin said the project's design was inspired by renowned international business districts such as Park Avenue in New York and Champs Elysees in Paris.
“KL Metropolis will promote a unique and elegant lifestyle for its residents and visitors. Its development will emphasise eco-friendly and sustainable living, with energy-efficient buildings,” he said. “We expect everything to be done by 2025.”
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