1MDB (“1Malaysia Development Berhad”) has selected Akitek Jururancang (Malaysia) Sdn Bhd (“AJM”) and its international partner Machado Silvetti and Associates (“MSA”) as the master planners for the Kuala Lumpur International Financial District (“KLIFD”). The two companies represent the fusion of local and international talents that best translates 1MDB’s vision for the future financial district through their concept and rendering of the master plan.

Speech by YBhg Tan Sri Dato’ Seri Lodin Wok Kamaruddin at the Official Launch of the Tun Razak Exchange

Speech by YAB Dato’ Sri Mohd Najib Bin Tun Haji Abdul Razak Prime Minister of Malaysia at The Official Launch Of The Tun Razak Exchange on 30th July 2012.

Kuala Lumpur is set to be a leading global centre for international finance, trade and services with the launch of the Tun Razak Exchange (TRX) today.In a promising start, more than RM3.5 billion worth of FDI will flow into the country under Phase 1 of the Exchange. Prime Minister Dato’ Sri Mohd Najib Tun Haji Abdul Razak officially launched the Tun Razak Exchange, which is a national initiative to spur sustainable growth in new areas and lead the way for the federal capital to be a sustainable, smart and liveable city.

Non-essential roads at the site of the Kuala Lumpur International Financial District (KLIFD) will close from 1 July 2012 when preliminary work begins. The closure of the low-traffic inner roads is for public safety as well as to facilitate site preparation work.

Top internationally-acclaimed architecture firms will move on to the second round of the Kuala Lumpur International Financial District (KLIFD) Signature Tower Design Competition. Twelve collaborations of top local and global architects were shortlisted to enter the next round.

Media statement by 1MDB as mediator in the dispute over Restaurant Imbi Palace and on behalf of all parties involved. 1MDB (1Malaysia Development Berhad) has successfully mediated in the dispute over Restaurant Imbi Palace which currently sits on its land.

1MDB will step in to mediate in a dispute that has caused an unauthorized partial demolition of Restaurant Imbi Palace on the land owned by 1MDB. This is a dispute between lessee and sub-lessees on vacating the premises. Notice to vacate was first issued to occupants of KLIFD land on 6 December 2010, giving them fair time to relocate.

1MDB (1Malaysia Development Berhad) has started its tender process on major foundation works for the Kuala Lumpur International Financial District (KLIFD). A pre-qualification exercise is in progress, inviting contractors to participate in the construction and completion of earthwork and excavation works, retaining structure, piling works and related sub-structure works.

1MDB is developing a Digital Master Plan for a digitally smart Kuala Lumpur International Financial District (KLIFD). 1MDB Real Estate Sdn Bhd deputy CEO Dato’ Azmar Talib said: ““We aim for KLIFD to be a leading financial district with state-of-the-art connectivity, utilising technologies that are smart, intelligent and future proof.”