KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) is developing a digital masterplan for a digitally smart Kuala Lumpur International Financial District (KLIFD).
1MDB, which is developing US$8 billion (RM25 billion) KLIFD with its Abu Dhabi joint-venture partner Mubadala Development Corp, has gathered a global team of IT experts and digital planners led by Accenture Solutions Sdn Bhd to draw up the masterplan.
"We aim for KLIFD to be a leading financial district with state-of-the-art connectivity," Datuk Azmar Talib, deputy chief executive officer of 1MDB Real Estate Sdn Bhd, a subsidiary of 1MDB, said in a statement.
The KLIFD is currently at the master-planning phase and is on track to start construction beginning of next year.
1MDB had appointed Akitek Jururancang (Malaysia) Sdn Bhd and its international partner Machado Silvetti and Associates to help work on the KLFID masterplan.
By Business Times
Tuesday, December 20, 2011
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