MRCB group managing director Shahril Ridza Ridzuan said for the ICT initiative, the group has allocated 5 per cent out of KL Sentral Park's total gross development value of RM720 million, which is expected to be completed in 2011.
"This smart partnership is expected to raise the value of KL Sentral Park and deliver significant savings on MRCB's operational and capital expenses as ICT will improve efficiency and also drive revenue streams and benefit consumers.
"It will also increase service revenues up to 40 per cent and provide a return on investment in less than three years," Shahril told reporters in Kuala Lumpur yesterday.
Under a memorandum of understanding between the three companies, MRCB's property division MRCB Land, as property owner, has tasked Datacraft as the ICT systems integrator and project management leader to allow easy integration of ICT and building automation network.
Cisco acts as the ICT infrastructure provider throughout KL Sentral Park and the project will provide free Wifi connections for KL Sentral Park's tenants and patrons.
Shahril said the success of this model will determine the adoption of a similar concept in MRCB Land's future development. The group also has property hubs in Penang and Malacca.
By Business Times (by Zaidi Isham Ismail)
Posts
No comments:
Post a Comment