Monday, 27 August 2012

KL Eco City by SP Setia

SP Setia Bhd Group today officially launched the KL Eco City Project, an integrated mixed development project that may become a new iconic landmark of Kuala Lumpur. President and Chief Executive Officer Tan Sri Liew Kee Sin said that with all the required funding secured, the 9.6-ha project was set to take off and be completed in 10 years.

"The project aims to be the country's first integrated green development, targeting both the Malaysian Green Building Index and US-based Leadership in Energy and Environmental (LEED) certifications. "We are developing this project in line with the government's aim for the KL Eco City, a joint venture project between SP Setia Bhd Group today officially launched the KL Eco City project.

The funding, Liew said, would be to solve the traffic congestion problem in the area by the completion of its first out of four phases in three to four years. "We expect 30,000 occupants in the project itself. The banks were HSBC Amanah Malaysia Bhd, Hong Leong Islamic Bank Bhd and Kuala Lumpur City Hall (DBKL), is situated along Jalan Bangsar, opposite the Mid Valley City. At the same event, SP Setia Bhd Group today officially launched the KL Eco City project.

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