1MDB RE calls tenders for TRX infrastructure, roadway jobs

PETALING JAYA: 1MDB Real Estate Sdn Bhd (1MDB RE) has opened tenders for the Tun Razak Exchange (TRX)'s infrastructure and roadway jobs.
In a statement released yesterday, 1MDB RE, the master developer of TRX, said it is inviting contractors to participate in an open pre-qualification exercise for infrastructure and internal roadway works to be built at the upcoming financial and business district.
1MDB RE CEO Datuk Haji Azmar Talib said earthworks package, which started April 2013, is expected to be completed in the first half of next year while the pre-qualification process for the next batch of work will shortlist qualified companies for the tender stage.
"The current earthworks at TRX site involved excavation four-storey deep for the underground basement level of the project. The next packages of work would extend to the roadwork and tunnels to support our key infrastructure, including underground road structures, installation of buried utilities and both at-grade and elevated road ways," he added.
TRX, is which spread over 70 acres of land, will see the initial phase of construction of a retail-led mixed-use development of over 17 acres which includes the Lifestyle Quarter, start in early 2015.
The development of TRX's Lifestyle Quarter is expected to attract up to US$1 billion (RM3.2 billion) in foreign direct investments to Malaysia.
Last week, TRX also entered into a 20-year concession agreement with Veolia Water Technologies Southeast Asia for wastewater treatment and recycled water supply.