PM launches Tun Razak Exchange

KUALA LUMPUR: About RM3.5bil in foreign direct investment is expected to be generated in the first phase of the development of the Tun Razak Exchange which was launched on Monday.

In what was earlier known as the Kuala Lumpur International Financial District (KLIFD) initiative, the 70-acre development off Jalan Tun Razak is also expected to bring in RM26bil in gross development revenue.