“...it (Malaysia Vision Valley) is a project that is going to contribute significantly to the economic growth of Negri Sembilan.”
DATUK WAN HASHIMI ALBAKRI, Sime Darby Property Bhd township chief operating officer
SHAH ALAM: Malaysia Vision Valley (MVV) remains attractive despite uncertainty over the Kuala Lumpur-Singapore high-speed rail (HSR) project.
Sime Darby Property Bhd (Sime Property) township chief operating officer Datuk Wan Hashimi Albakri said while the MVV project was being reviewed by the government, investors continued to knock on its doors.
“It is normal to talk to potential investors. However, there is nothing concrete at the moment,” he said after Sime Property and United Nations Children’s Fund (Unicef) signed an agreement to develop an inclusive playground in City of Elmina, here, yesterday.
Also present were Sime Property group managing director Datuk Seri Amrin Awaluddin and Unicef representative in Malaysia Marianne Clark-Hattingh.
Wan Hashimi said the company had been in talks with the federal and state governments and the feedback was positive.
“We have engaged with the government and they are very positive on the MVV as it is a project that is going to contribute significantly to the growth of Negri Sembilan.”
The first phase of MVV will be carried out over 30 years and covers 4,709ha.
Sime Property owns 1,148ha within the MVV and has the option to acquire another 3,559ha from Sime Darby Bhd within five years from the date of its listing.
The project is expected to attract about RM290 billion investments over 30 years and create 1.38 million jobs.