The incentives for the Kuala Lumpur International Financial District (KLIFD), the KLIFD Marquee status and the KLIFD status, underscore the government’s commitment in making Kuala Lumpur a global financial centre. Both incentives will cater for two different groups with different strategic intent. KLIFD Status incentives, offered to new foreign entrants of priority sub-sectors, will get income tax exemption of 100 % for a period of 10 years and stamp duty exemption on loan and service agreements. Both local and foreign Marquee companies with KLIFD Marquee Status, meanwhile, will enjoy Industrial Building and accelerated Capital Allowances.

The Tun Razak Exchange (TRX) is set to bag an acclaimed international certification for sustainable green development. The TRX master plan underwent a rigorous evaluation by the prestigious US-based Green Building Council on its overall impact beyond individual buildings.

1MDB (1Malaysia Development Berhad) and Dewan Bandaraya Kuala Lumpur (DBKL) are building a new integrated commercial centre (ICC) to house traders relocating from Pasar Baru Bukit Bintang. The existing Pasar Baru Bukit Bintang in Imbi is making way for the Tun Razak Exchange (TRX) development.

1MDB (“1Malaysia Development Berhad”) has made a slew of appointments as the Kuala Lumpur International Financial District (KLIFD) begins to take shape. Eleven local and global companies covering various fields including sustainability, infrastructure engineering, landscape planning and traffic management were appointed based on their experience and track record.

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.