Project launch in July or Au­gust

New Straits Times - - News - FILE PIC

The global launch of the much-an­tic­i­pated Malaysia Vi­sion Val­ley (MVV) project is ex­pected to be in the third quar­ter of this year.

Ne­gri Sem­bi­lan Menteri Be­sar Datuk Seri Mo­hamad Hasan said it was ex­pected to be launched in July or Au­gust, de­pend­ing on Prime Min­is­ter Datuk Seri Na­jib Razak’s sched­ule.

He said it could also be launched af­ter the Sea Games, which would end on Aug 30.

Mo­hamad said it was prac­ti­cal to ex­pand the Greater Kuala Lumpur or Klang Val­ley re­gion by de­vel­op­ing a green­field area into a new ur­ban area com­plete with in­fra­struc­ture, such as pub­lic trans­port and hous­ing.

“Peo­ple can­not af­ford to buy homes in Kuala Lumpur, but in MVV, we will en­sure that there is af­ford­able hous­ing.

“In the first phase it­self, 404ha of land have been ear­marked for af­ford­able hous­ing,” said Mo­hamad af­ter at­tend­ing the ink­ing of a mem­o­ran­dum of un­der­stand­ing on the big ticket project in­volv­ing Sime Darby Prop­erty Bhd, Brunsfield Devel­op­ment Sdn Bhd and Kumpu­lan Wang Per­saraan here yes­ter­day.

He said the con­cept of the MVV was “From the Moun­tain to the Sea”, adding that 1,400ha within Bukit Mantin had been gazetted as a green lung, fol­lowed by the Cen­tral Park, which is some 400ha, as well as a bird sanc­tu­ary and man­grove area.

Mo­hamad said this would later be­come part of Kuala Lumpur’s green lung.

“Like it or not, in 10 or 15 years’ time, KL and Serem­ban will be one en­tity. Like how Klang has evolved to be part of KL,” he said.

Asked if there were en­cum­brances to the land in­volved, Mo­hamad said as it was mostly pri­vate land, so such is­sues did not arise. He said there would be no dis­place­ment of peo­ple un­less it was ab­so­lutely nec­es­sary.

“Peo­ple can, how­ever, reap the ben­e­fits from its spill over.”

Asked if the prop­erty in the MVV would boom and prices sky­rocket, he said: “It’s good we un­lock the value. If not, it will be a cold mar­ket.”

He said the three par­ties would use a spe­cial pur­pose ve­hi­cle in re­la­tion to the devel­op­ment of in­dus­trial parks, cen­tral busi­ness district and the Kuala LumpurSin­ga­pore High-Speed Rail sta­tion in Labu.

About 400ha are ear­marked for af­ford­able hous­ing in the first phase of Malaysia Vi­sion Val­ley.

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