Sime to build Malaysia's largest property project alone; KWAP, Brunsfield out

Former Mentri Besar Datuk Seri Mohamad Hasan looking at a plan for the new 18km stretch from Nilai to Bandar Enstek via Labu. It is the first infrastructure project to be carried out under the MVV. - File pic

PETALING JAYA: Sime Darby Property Bhd (SD Prop) will go it alone in the development of the 379,000-acre Malaysia Vision Valley (MVV) project.

Sources said that the early partners in the development that covers an area that is twice the size of Singapore dropped out after the memorandum of understanding (MoU) lapsed a year ago. The MoU between SD Prop, Brunsfield Development Sdn Bhd and Kumpulan Wang Amanah Pencen (KWAP) lapsed in November last year.