UDA Holdings Bhd is seeking to build a transport hub in the Iskandar Development Region (Iskandar) in an effort to expand its business, particularly in Johor.
The company has submitted a proposal to the Iskandar Region Development Authority (IRDA), asking to be included in any plans where the business of building, running and maintaining a transport hub is concerned.
"Give us a chance. We have the expertise and experience to do it (constructing and managing a transport hub)," Entrepreneur and Cooperative Development Minister Datuk Seri Mohamed Khaled Nordin said in Johor Baru yesterday.
UDA Holdings, formerly known as the Urban Development Authority, a body set up by the government for urban development, owns and manages the Puduraya terminal in Kuala Lumpur where north-bound and south-bound express buses operate from.
"Our experience in running Puduraya will give us an advantage and I urge IRDA to consider us when they want to build a transport terminal within the IDR region," Mohamed Khaled said.
He was speaking at a press conference after launching UDA Land (South) Sdn Bhd's latest housing project at Bandar Baru Uda in Johor Baru where a total of 176 units of medium-cost apartments will be built.
Mohamed Khaled also urged UDA to work with landowners within the IDR to jointly develop their land and enhance the value.
"In the spirit of UDA when it was first started, the idea is to help landowners maximise the potential of their land. Do not be afraid of UDA. We are not profit-motivated but we can work together for your long-term benefit," he said.
"The IDR will bring economic growth and it means a demand for shoplots, commercial and office buildings, and even three-star hotels," he added. - Bernama
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