MRCB, Cyberview to develop Cyberjaya City Centre

By BERNAMA

Mohamad Salim Fateh Din

Mohamad Salim Fateh Din

Cyberview Sdn Bhd inks an agreement with MRCB Land Sdn Bhd to jointly develop the first phase of Cyberjaya City Centre (CCC) development.

Sprawled over 21.59ha of land, the first phase is estimated to have a gross development value (GDV) of RM5.35 billion over a period of seven years.

The agreement was signed by MRCB group managing director Mohamad Salim Fateh Din and Cyberview managing director Faris Yahaya.

Speaking after the signing ceremony today, Mohamad Salim said the construction of the first phase is expected to kick start in the first half of next year.

“The CCC first phase will consist of commercial blocks, an integrated lifestyle and retail arena, serviced residential complexes and a convention centre,” he said.

He said the overall CCC development spanning 53ha of land located between Putrajaya Sentral and Lim Kok Wing University would be developed in two phases, with a total GDV of about RM8 billion to RM10 billion over 15 years.

He added the development would also be consolidated into three zones, namely Vibrant, Tech and Enterprise and Gateway.

“Each zone will have the right infrastructure and facilities that will cultivate and support the stimulation of new ideas and inspiration, establishments of creative and commercial opportunities as well social networking platform.

“With meticulous planning, it is also meant to integrate with the Mass Rapid Transit Line 2 between Sungai Buloh and Putrajaya, as well as providing seamless pedestrian connectivity with a walkway from Putrajaya Sentral,” he said.