TRX set to turn KL into important regional financial centre: Najib

KUALA LUMPUR: The Tun Razak Exchange (TRX) is set to turn Kuala Lumpur into an important financial centre in the region, Prime Minister Datuk Seri Najib Abdul Razak said.
Expressing his delight with the progress of the project, Najib also hoped that TRX would not only be seen as a commercial hub but also a place well equipped with attractions that could provide a global lifestyle.
"This will be the next central business district for the city and this will be a very attractive development," he said.
"It is not just about commercial buildings but a centre that will enable you to enjoy the kind of lifestyle that is commensurate with a global standard development," he told reporters after his visit to the TRX project site here.
Najib was accompanied by senior government officials during the visit including Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah.
Stating that the project is going on schedule, Najib said the government was not in a hurry to sell the available land in TRX.
"We will want to get the best offer, and as you know many financial institutions have shown their interest," he said.
TRX is an iconic 28.33ha development in the heart of the city that is set to become a leading centre for international finance and business.
The entire project is expected to be completed in phases over the next 15 to 20 years.
Around 70% of the plots available in TRX have been commercialised, and the project continues to receive interest from various local and international investors and tenants.