Maybank expands its ops to i-City Malaysia

Maybank’s office in Mercu Maybank, i-City Golden Triangle

SHAH ALAM: Sumurwang Tower in i-City Malaysia will soon be renamed Mercu Maybank, as the country’s largest banking group has secured office space in the 33-storey corporate tower.

Malayan Banking Bhd’s (Maybank) office in Mercu Maybank will serve as an additional permanent alternate office site for the bank to cater to new working arrangements resulting from the Covid-19 pandemic, which includes hybrid and remote work considerations for the bank’s various functions and businesses.

Mercu Maybank will be part of the bank’s ongoing business continuity management and resiliency planning to ensure the businesses run smoothly without any disruptions in any event.

In a statement, property developer I-Bhd said the strategic location of its flagship development ultrapolis, i-City Malaysia, helps to attract new investments in high value-added industries, such as financial and information technology.

I-Bhd chairman Tan Sri Lim Kim Hong said, “We are very pleased with Maybank’s decision to strategically expand its operations to i-City Malaysia, offering high standards of quality and sustainability at a prime location. As a digitally driven organisation ourselves, i-City Malaysia is a ready-made destination of choice for firms looking to relocate with its world-class infrastructures.”

“With the inclusion of Maybank to i-City’s first Grade A, Green Building Index (GBI) rated corporate tower, we have achieved 80% take-up rate within the first year after completion despite the pandemic.

“The Multimedia Super Corridor-status corporate tower will be home to fortune 500 companies, financial institutions, multinational corporations and international logistic players,” Lim added.

Spanning across 320,000 sq ft, Mercu Maybank is deemed suitable for Maybank given its premium contactless corporate office design, artificial intelligence security features and GBI certification, which fits with its sustainability commitments.

I-Bhd said i-City has dedicated Internet access powered by a 400G capable high availability network, which can facilitate the development of finance and information technology in the services industry.

In addition to the existing data centre operating since 2008, the group plans to add two more data centres accommodating 100,000 sq ft each to meet the surging needs of cloud computing facilities.

Upon completion, i-City will house 25,000 residents and 30,000 knowledge workers.

i-City has a gross development value of RM10bil and comprises corporate towers, cyber office suites, serviced residences, hotels, convention centres, financial hub, data centres, a 1.5 million sq ft Central i-City shopping mall and a leisure theme park.

By end-2021, I-Bhd will see the completion of DoubleTree by Hilton hotel and Hill10 development.

The hotel is slated to welcome its guests in 2022.

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