TUN RAZAK EXCHANGE AWARDS CONTRACT TO WILLOWGLEN (MALAYSIA) SDN BHD FOR ITS INTEGRATED MANAGEMENT SYSTEM
Kuala Lumpur, 02 August 2022 – TRX City Sdn Bhd, the master developer of international financial district Tun Razak Exchange (TRX), announced today that it is awarding Willowglen (Malaysia) Sdn Bhd a RM19.3 million contract to deliver the TRX Integrated Management System (TiMS).
The scope of work under the contract includes design, supply, delivery, installation, configuration, testing, and commissioning of the system that will provide TRX a centralised platform for district operations. The contract is expected to take place from August 2022 to November 2023.
TiMS, which combines all equipment and systems in TRX into one platform, will enable the TRX District Management to manage, operate, control, and monitor site-wide common facilities across the site.
As one of the key components to realise TRX’s unique “smart district” vision, TiMS will bring together traffic, tunnel control, building, public realm and security management, as well as integration with facility, asset management and other external third parties’ systems.
The centralised platform will reduce the time needed to access information, which enables faster and more coordinated responses, particularly important during critical incidents or emergencies. Alarms, analytics and automated workflows enable cross-systems automation which further enhances response time and efficiency.
Willowglen (Malaysia) Sdn Bhd is a subsidiary of Willowglen MSC Berhad, a public listed technology company under the main board of Bursa Malaysia. It is a major local solution provider in Communication, Control and Monitoring System. The company has more than 40 years of industry experience in mega-size project management and delivery of multi-million engineering services in transportation, power, gas pipeline, smart automation, and security surveillance.
TRX is a significant project of national importance, bringing together the best practices aligned to economic, social and governance (ESG) principles. The project has attracted leading global and domestic investors on the back of its strong sustainability framework that includes district-wide green infrastructure such as an onsite wastewater treatment and recycling plant and an expansive, lush public realm that makes up almost a quarter of the development.
As Malaysia’s international financial district and Kuala Lumpur’s future CBD, TRX will strengthen Kuala Lumpur’s position as an international financial centre by creating a world-class business environment for financial services firms, multinational companies (MNCs) and other businesses. The first phase of the project opened in 2019, when one of Southeast Asia’s tallest buildings Exchange 106 and the new HQ for Prudential Malaysia started operating. This is followed by the opening of new HQs for HSBC Bank Malaysia and Affin Bank in 2022.