SUNGAI BULOH: The Selangor State Development Corp (PKNS) will jointly develop the e.Sentral smart city project with property developer HCK Capital Group Bhd
(HCK) as part of a move towards building low-carbon cities.
PKNS deputy chief executive officer (development) Md Kamarzan Md Rais said the “mixed-used development” in Subang Perdana will be developed on 4.05 ha with environmental, social and governance or ESG elements.
“This is our first collaboration with HCK and this is their first smart city project,” he said, adding that the Selangor state developer will have a 30% stake with the development executed according to mutually agreed plans.
“PKNS always welcomes cooperation with other developers to develop smart cities with various facilities,” he told reporters at the e.Sentral groundbreaking ceremony here yesterday. — Bernama
HCK Group managing director Datuk Dr Dennis Ling said the project will have two phases, with the first phase to begin next month. — Bernama
