KUALA LUMPUR: Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah (pic) has been appointed chairman of both TRX City and Bandar Malaysia. TRX City Sdn Bhd and Bandar Malaysia Sdn Bhd will shortly be announcing the request for proposal (RFP) process, inviting expressions of interest for the role of master developer of Bandar Malaysia, Prime Minister Datuk Seri Najib Tun Razak said on Wednesday. "Furthermore, to ensure that the nation and the people benefit to the greatest extent possible, the Finance Ministry will retain 100% ownership of Bandar Malaysia," he added. "I have full confidence that under Irwan's leadership, the prospects for and development of Bandar Malaysia, will go from strength to strength," he said. IWH CREC is a 60:40 joint venture between Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corporation (M) Sdn Bhd.

Source: thestar May 17, 2017 07:07 UTC