KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) via a sub-subsidiary has accepted a contract from the Selangor state government to construct the Shah Alam Sports Complex (KSSA).
In a statement, the group said Lembaran Prospek Sdn Bhd, a unit of MRCB Land Sdn Bhd, which is in turn a wholly-owned subsidiary of MRCB, signed the RM2.94bil contract with Menteri Besar (Incorporated) (MBI).
The construction project includes the demolition works of the old Shah Alam stadium, which are currently nearing completion.
Slated for completion in 2029, the project will span a 48-month period and tansform the sports complex into a new economic, social and environmental landmark in Selangor.
"The KSSA development represents a bold transformation of Shah Alam into a vibrant, multi-functional urban precinct that reflects the shared vision of the State's leadership and MRCB's expertise in integrated urban developments," said the statement.
Anchored by a 45,000-capacity stadium with a retractable pitch, the project will integrate community, commerce, and infrastructure across a 310,000m² green flora sanctuary.
According to MRCB, the stadium, which was previously utilised less than 30 times a year, mainly for football matches, will be redefined as a dynamic, year-round destination.
"We are humbled to be entrusted with delivering this visionary project for the State of Selangor,” said MRCB chairman Datuk Nasir Mohd Nasir Ab Latif.
“With our proven track record in urban regeneration and sustainable infrastructure, we are committed to building more than a stadium, we are creating a living, breathing destination for the people of Selangor.”
