So those non color / grey area had nothing to do with the development right?

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Added on September 16, 2012, 9:25 pm

This project near by also

This post has been edited by hidden830726: Sep 16 2012, 09:25 PM

Dec 7, 2011
River of life job in KL valued at RM2.2bil

PETALING JAYA: Ekovest-MRCB JV Sdn Bhd (EMJV), a 60:40 joint venture between Ekovest Bhd and Malaysian Resources Corp Bhd (MRCB), has been appointed the project delivery partner (PDP) by the Government to assist in the implementation and delivery of the River of Life (ROL) project.

Ekovest told Bursa Malaysia yesterday that the project was valued at RM2.2bil over three years. The value of the contract was only revealed yesterday.

“As the PDP, it (EMJV) will earn a maximum fee of RM22mil, which is equivalent to 1% of the total projected works to be delivered over the three-year period. The PDP will also enjoy monetary incentives with respect to the river rehabilitation and beautification works,” it said.

It did not elaborate on the monetary incentives.

The ROL is an Entry Point Project identified in the Greater Kuala Lumpur National Key Economic Area under the Government’s Economic Transformation Programme. It aims to transform the rivers running through the heart of Kuala Lumpur by undertaking river rehabilitation, beautification of riverbank and river corridor development.

The ROL project entails the rehabilitation of the Klang and Gombak Rivers, and the beautification works on an initial 10.7km stretch.

Ekovest said the PDP project would not have an immediate effect on the company’s earnings per share and net tangible assets for the current financial year ending June 30, 2012, but it was expected to contribute positively to the future earnings of the company.

In February, MRCB announced to Bursa Malaysia that the Ekovest-MRCB joint venture had received a letter of intent from the Government for the ROL project.

The following month, MRCB and Ekovest signed an agreement to set up a joint-venture company known as KL Bund Sdn Bhd to undertake the ROL project.

Kuala Lumpur Mayor Tan Sri Ahmad Fuad Ismail was reported in August as saying said the PDP would not be allowed to bid for government land near the Klang River as long as the joint-venture company remained the Government’s partner in the upgrading of the river.

He said this was due to its competitive edge over others, given that it had access to information in its role as PDP.

http://www.starproperty.my/PropertyScene/P...yNews/17329/0/0

Very unique design - does not look like a hospital..

Great! Mega mixed development!

This will be like another Mid Valley?

u mean the jam or the WONG?

haha ..

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Added on
Different concept with MV.

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Added on September 28, 2012, 5:15 pm

This post has been edited by ecin: Sep 28 2012, 05:31 PM

B.Announcement, RM500mil allocation for River of Life project!

Is this near to the former pekeliling flats, the tamansari project?

Before pekeliling flat. To be exact, it is near to the McDonald
the map already give you the indication.

ya kind of related.

Good news

The prices around the area will shoot up.. Have one ard there alredy.. very happy...

Take note: Site A, B and C are all diferent location and different masterplan (see first post).

For example, you can see the hoarding/notice board at Site B - near the Chong Hwa school.

any idea how jalan gombak can link to jln tun razak via DUKE?
if so, will it make jln tun razak traffic even worst?

for above map (site A) oni can see jln gombak connected to DUKE (near puah pond)

does it mean the proposed DUKE extention behind chong hwa will link to jln tun razak ?? but i see the highway stopped at bandar baru sentul..

just cant figure out how jln gombak can link to jln tun razak..

will this new link will boost jln gombak properties???

what do you mean by this?

He has got a property nearby there, I think...

Okay, I see.

sentul prime? but seem like no news for that

1sentul?! From 1sentul to Batu Caves