The MVV City development, a smart modern city soon to take shape here, will help transform Negri Sembilan into a high-income economy and put it in a strategic position to attract more foreign and local investors, says Datuk Seri Aminuddin Harun.
The Mentri Besar said the project would also strengthen the foundation for a Negri Sembilan that is economically vibrant, socially inclusive and environmentally sustainable.
“Today, we stand at a pivotal moment in the story of Negri Sembilan, a story defined by resilience, vision and progress.
“The development of MVV City is not just a project, it is a bold statement of what we can achieve when vision meets determination and collaboration.
“This remarkable achievement reflects more than infrastructure as it is the embodiment of a shared vision between the Federal Government, state government and Matrix Concepts Holdings Bhd.
“It all starts with us, the first heartbeat, the pulse that sparks a living legacy, fuelling a future built on vision, purpose and boundless possibility. Together, we are the Pulse of the Future,” he said at the groundbreaking ceremony of the project.
Aminuddin also expressed his appreciation to the Federal Government for its unwavering support, particularly in infrastructure development and policy alignment, as this had been instrumental “in bringing this vision to life”.
Also present were state exco members, NS Corporation chief executive officer Norazhar Musa, Matrix Concepts chairman Datuk Mohamad Haslah Mohamad Amin, and founder and group executive deputy chairman Datuk Seri Lee Tian Hock.
The MVV City’s first phase development, covering a 952ha area with an estimated gross development value of some RM15bil, will be jointly developed by Matrix Concepts and NS Corporation. The MVV City spans a 3,560ha area.
A meticulously planned smart modern city that will integrate new technologies and prioritise green energy industries, MVV City will be located within Parcel B (Smart County) of the Malaysian Vision Valley 2.0 (MVV2.0) economic corridor covering about 153,411ha (1,534 sq km).
With a total gross development value (GDV) of RM2 trillion, MVV 2.0 is divided into six major development parcels.
These are the NS High Tech Industrial Park (Parcel A), Smart County (Parcel B), NS Aerospace Valley (Parcel C), Integrated Maritime Hub and Coastal Corridor (Parcel D), Unmanned Vehicle Valley (Parcel E) and NS Semiconductor Valley (Parcel F).
MVV City will be the first to be developed and serves as the flagship project of MVV 2.0.
Aminuddin said the MVV City project would include several development sectors including housing, commercial and industrial, as well as education and innovation centres.
These sectors, he said, would form a resilient ecosystem to face economic challenges and improve the quality of life of the people.
“MVV City will be the first integrated city in the MVV 2.0 area, which will be built based on sustainable practices and innovative designs, and bring together advanced infrastructure and smart technology to improve everyday life.
“As a rapidly growing ecosystem, MVV City will become the centre of high-tech industrial zones, premium residential areas, dynamic business centres and world-class educational institutions, especially higher education institutions that will shape future leaders with modern innovation and technology,” he added.
Envisioned as a model city of the future, it will be driven by innovation and a strong commitment to environmental, social and governance (ESG) principles.
Aminuddin said the public-private strategic collaboration between NS Corporation and Matrix Concepts has proven to be effective as a catalyst for national development and has brought many benefits to the people and the government.
“Matrix Concepts’ focus on industrial and integrated development, including the building of residential properties, will ensure that MVV City will not only spur investment activity but also create equitable opportunities to participate in and benefit from economic growth and development.
“I am confident that based on Matrix Concepts’ excellent track record proven through the success of its Bandar Sri Sendayan flagship project, it will be a solid foundation for MVV City’s growth and success,” he added.
Strategically situated close to airports, sea ports and rail network, MVV City will boast exceptional connectivity.
Mohamad Haslah in his speech thanked the state government for giving the public-listed company, which is one of the country’s top 10 developers, the mandate for the joint collaboration with NS Corporation.
“Together, we are not only building a city but a legacy that pulses with life, ambition and boundless possibilities and one that will inspire generations to come.“The development of MVV City will witness an important milestone in a transformative journey that is not only focused on the construction sector and infrastructure development but rather shaping the universal future,” he said.
Mohamad Haslah also emphasised that Matrix Concepts, which had a market value of RM660mil when listed on the local bourse in 2013 and became worth almost RM3bil within a decade, is not just into building houses but remains steadfast in creating holistic and sustainable communities.
He said Matrix Concepts, which has a diverse portfolio covering the property development, construction, healthcare, hospitality and education sectors, aims to drive development towards a more sustainable and innovative future within MVV City.
“This is our commitment to the state government. The success of MVV City will be shaped by our unwavering commitment to the community, our relentless pursuit of excellence and our drive for innovation.
“MVV City will be designed to be a dynamic hub where innovation, enterprise and community come together.
“It will offer a developed economic zone in addition to business centres and educational institutions such as the establishment of technical and vocational training facilities,” he added.
He said Matrix Concepts would also build a 400ha industrial area, a 70ha area for commercial lots and 15,000 dwellings in the first phase over a 12-year period.
Mohamad Haslah also said the Kuala Lumpur-Singapore High-Speed Rail project will have a stop in MVV2.0 if the government goes ahead with its construction.
“The development of this infrastructure will witness socioeconomic growth and create a dynamic economic cluster along its corridor, in addition to changing the way of living, working and travelling in a more planned way,” he added.
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Autor(en)/Author(s): Sarban Singh
Quelle/Source: The Star, 18.12.2024
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