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Wednesday, May 21, 2008

I-City's second phase draws foreign interest

INTELLIGENT CONCEPT: Artist's impression of part of the I-City Development

I-BERHAD, which is developing the I-City intelligent township in Shah Alam, Selangor, has received offers from interested foreign parties to buy office suites in the second phase of its project.

Targeted for completion in March next year, the second phase consists of 33 office suites. The total value of the project is RM2 billion.

"We received a lot of enquiries during the WCIT (World Congress on Information Technology) and we are in talks with a few parties right now," I-Berhad deputy chief executive officer Lim Boon Siong said in Kuala Lumpur yesterday.

The first phase of the five-year project has been taken up and will be in operation by August.

I-City is being developed on a 22.8ha freehold site in Section 7.

The intelligent township will feature eight corporate towers, two luxury hotels, two blocks of 24-storey branded residences, three- to five-storey shop-offices and retail suites. It will also house a one million sq ft shopping mall and data and innovation centres.

I-City's technology partner is the Australia-based ServCorp Ltd.

ServCorp chief information officer Marcus Moufarrige said that complete mobility for the network offered at the site is possible through the 10Gps fibre-optic network linking all office network and world-class data centre facilities provided by both ServCorp and Cisco Systems.

"This makes I-City stand out more prominently as an intelligent township against others in the world," he said.

By New Straits Times (by Zurinna Raja Adam)

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