Dear Fellow Investors of i3 Investors' Forum,
Just as we expected Pm Najib has signed a Rm55 Billions JV Contract with China for the East Coastal Rail Link from KL to Kuantan & Kelantan.linking it to Kuala Lumpur - where the SUPER TRANSPORT HUB OF THE WORLD Called BANDAR MALAYSIA IS LOCATED!
All these have been preplanned according to the CHINA'S MARITIME SILK ROAD. According to China Officials Bandar Malaysia HSR will first connect south to Singapore. On its north the HSR will link to Bangkok, Laos, Vietnam, Cambodia and all the way to Beijing.
BANDAR MALAYSIA Will receive a massive Rm160 Billion Investment. MRCB is the fore runner to develop this TOD after TOD KL Sentral, TOD PJ Sentral, TOD Kwasa Sentral, TOD Penang Sentral & TOD Cyberjaya Sentral.
Like a Toll Road MRCB will enjoy endless years of revenue in this most vibrant City within a City called BANDAR MALAYSIA
See
World's largest underground city at KL terminal to be 'gem' on China's rail corridor
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By Pearl Forss
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Posted 25 Oct 2016 14:15
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Updated 25 Oct 2016 14:20
Underground canal city at Bandar Malaysia (Photo: IWH)
KUALA LUMPUR: The Kuala Lumpur terminal of the Singapore Malaysia high speed rail, which will feature what has been billed as the world’s largest underground city, will serve as “a glittering gem” on the ambitious China Pan Asia rail network, a China Rail Group official said.
In an interview with Channel NewsAsia documentary The Maritime Silk Road, the consortium developing the Bandar Malaysia site revealed more details and artists’ impressions of plans for the new transport hub.
They include a shopping mall, canals inspired by the likes of the Marina Bay Sands, indoor theme parks, cultural villages, indoor gardens, a financial centre, and the US$2-billion regional headquarters of the China Railway Group. The episode airs Tuesday (Oct 25) at 8pm,
The China Railway Group building at Bandar Malaysia (Artist's impression: IWH)
Mr Cai Zemin, general manager for China Railway’s Malaysia office, said: “Bandar Malaysia will be a glittering gem on China’s rail corridor. China’s rail corridor will link Southeast Asia with East Asia, West Asia and South Asia.”
State-owned China Railway and Iskandar Waterfront Holdings (IWH) make up the consortium that bought over 60 per cent of the Bandar Malaysia land parcel formerly owned by troubled state investor 1Malaysia Development Berhad.
WATCH: The new KL terminal and its place in China’s new Silk road
WATCH: The new KL terminal and its place in China’s new Silk road
Notice very very carefully to the words of Mr Cai Zemin the general manager of CHINA RAILWAY. He says, 'Banday Malaysia will be the project for people and governments'
BANDAR MALAYSIA IS NOT JUST FOR MALAYSIA ALONE - IT IS FOR GOVERNMENTS - GOVERNMENTS IN PLURAL - IT IS FOR THE ENTIRE COUNTRIES OF THE CHINA MARITIME SILK ROAD HUB - A VERY VAST CONGLOMERATE OF OVER 20 TO 30 COUNTRIES OR MORE
Bandar Malaysia - which will be KL’s new integrated transport hub featuring bus and other rail links – is expected to have a gross development value of RM160 billion, and will be completed over the next 20 years, said IWH chairman Lim Kang Hoo.
The consortium has sent teams to Montreal to study how the Canadians built an underground city that is used by more than half a million citizens every day during winter.
ADVANTAGES FOR ASEAN
China Railway has said it is in discussions with the Thai government to build a high speed rail connecting Bandar Malaysia to Bangkok.
From Bangkok, the plan is for the track to connect to Laos, then to Kunming in China, as well as westward to Yangon and eastward to the capitals of Vietnam and Cambodia.
Serving as the regional centre for this China Pan Asia rail masterplan - which is part of China’s grand plan to link up 65 countries in a modern-day Silk Road - will be Bandar Malaysia.
A cultural street at the underground city. (Artist's impression: IWH)
Malaysia’s Second Minister for International Trade and Industry Ong Ka Chuan told Channel NewsAsia: “If ASEAN countries can work together under China’s New Silk Road policy, and we can link up our rail and port infrastructure with China, there are a lot of advantages.”
CHINA’S EDGE IN HSR TENDER?
The Singapore Malaysia high speed rail will link the city-state and Kuala Lumpur in 90 minutes at an expected cost of S$15 billion. Several countries have expressed interest in the tender to build the 350km line, including South Korea, Japan and China, which has made recent massive investments in Malaysia.
China has “some advantage” in securing the deal, said Mr Ibrahim Suffian, Director of the Merdeka Center for Opinion Research, because of the ties built between Chinese investors and Malaysian government agencies.
“Other countries such as Japan may have the technology. But in Malaysia, it is more than the technology - the government will look at the relationship between the two countries,” he said.
Last month, it was announced that Singapore and Japan – which are marking 50 years of diplomatic ties - would set up a high-level committee to explore cooperation in transport and infrastructure, including the high speed rail project. Japan is banking on its safety record and quality to clinch the rail project.
The underground city at Bandar Malaysia. (Artist's impression: IWH)
Meanwhile, China and Malaysia have an extensive rail partnership. In August 2015, China opened its first overseas “railway factory” in Malaysia in the town of Batu Gajah. The huge facility manufactures trains for KL’s light rapid transit network.
While Bandar Malaysia and the high speed rail are two different projects managed by separate entities of the federal government, some analysts have noted that being involved in developing the hub could allow an entity to average down the cost of the building the rail.
More on the plans for Bandar Malaysia and China’s rail masterplan, on The Maritime Silk Road, Tuesday (Oct 25), 8pm SG/HK on Channel NewsAsia.
What Pm Najib did was to follow the China's First Initiated MODERN SILK ROAD MASTER PLAN OF CHINA!
This One Massive Converging of RESOURCES Will Make DRB HICOM A SUPERSTAR STOCK FOR Year 2017/2018 & Beyond
Fund to finance RM200b Bandar Malaysia project set up
KUALA LUMPUR: Bandar Malaysia Sdn Bhd has secured financing for the Bandar Malaysia project with the setting up of a fund backed by local and international banks that have a combined asset base of over US$13 trillion (RM53 trillion).
The setting up of Bandar Malaysia Fund is seen as an effort to alleviate market concerns over the gargantuan funding needs of the project that is expected to have a gross development value (GDV) of over RM200 billion.
The foreign banks involved are Bank of China, Industrial and Commercial Bank, China Construction Bank and HSBC. The local banking groups are CIMB, Maybank, RHB and Affin Bank.
Bandar Malaysia Sdn Bhd yesterday signed three landmark agreements including a memorandum of understanding (MoU) with the banks for Bandar Malaysia Fund.
Bandar Malaysia Sdn Bhd is 60% owned by a consortium formed by Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (CREC) following the disposal by 1Malaysia Development Bhd (1MDB) for RM7.41 billion to pare down its debts.
A shareholder agreement signed between Minister of Finance Incorporated and the IWH-CREC consortium yesterday saw the transfer of 1MDB’s 40% stake in Bandar Malaysia to the government.
Bandar Malaysia Sdn Bhd also inked an MoU with a Malaysian Resources Corp Bhd-led (MRCB) consortium to jointly develop an integrated transport terminal on a 60-acre site.
In a stock exchange filing yesterday, MRCB said it has entered into a non-binding MoU with Wondrous Vista Development Sdn Bhd and IWH CREC Sdn Bhd to collaborate on developing the terminal.
Meanwhile, Prime Minister Datuk Seri Najib Abdul Razak announced that the government will offer incentives to the master developer of Bandar Malaysia and its subsidiaries.
The incentives include exemptions from income tax for 10 years, stamp duty, real property gains tax and withholding tax for eight years as well as exemption from import duty on selected construction materials which are currently not made in Malaysia.
Najib said the government is also considering granting tax incentives to top high-ranked global companies and financial institutions.
“We’re also considering other measures such as an industrial building allowance, accelerated capital allowance, deduction of rental payments, stamp duty exemption for service agreement or pre-package incentive to other investors and tourism operators,” he added.
Najib said Bandar Malaysia Sdn Bhd is committed to building 5,000 affordable homes in the first phase of Bandar Malaysia on a fast-track basis.
At a press conference yesterday, IWH executive vice-chairman Tan Sri Lim Kang Hoo said work on the first phase – which has a GDV of RM50 billion to RM60 billion – is expected to start by next year.
“Overall, it will have three to four phases, depending on market requirements,” he added.
Bandar Malaysia is to be developed over 20 to 25 years.
Lim said he is unfazed by concerns that the development of Bandar Malaysia will lead to a supply glut, citing Johor Baru as an example.
“Recall that Johor Baru had been facing a serious property glut after the Asian financial crisis. But with the creation of Iskandar Malaysia coupled with the right policies and investments in key infrastructure, the property glut finally ended,” he explained.
BANDAR MALAYSIA will be a GLITTERING GEM of the CHINA MARITIME SILK ROAD
Calvin Tan Research Issues A STRONG BUY CALL ON MRCB with a Target Price of Rm2.80
WARM REGARDS
CHEERS!!
Calvin Tan
Jurong West, Singapore
calvintaneng
Take a GOOD LOOK at the FUTURE BANDAR MALAYSIA
https://www.youtube.com/watch?v=dNzSRzI0H80
2016-11-01 22:46