MRCB partners NZ’s Panuku in RM1.3b TOD project in Auckland

Artist's impression of the Aotea Central Over Station Development (OSD) in Auckland City centre. Malaysian Resources Corporation Bhd (MRCB) is making its foray into New Zealand by teaming up Panuku Development Auckland to undertake a transport-orientated development (TOD) there.

KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) is making its foray into New Zealand by teaming up Panuku Development Auckland to undertake a transport-orientated development (TOD) there with a gross development value of NZ$452mil (RM1.3bil).

In a statement issued on Tuesday, MRCB said they will develop the Aotea Central Over Station Development (OSD) in Auckland City centre.