Malaysia’s financial landscape will soon take a new shape, following the completion of the Kuala Lumpur International Financial District (KLIFD), a state-of-the-art infrastructure and technology project.
The KLIFD was one of the early Entry Point Projects (EPPs) under Malaysia’s Economic Transformation Programme (ETP), which intends to double Malaysia’s per capita income to RM48,000 in 2020.
The 28.3ha project involves a physical clustering of key international institutions and support services, and is expected to grow three times its current size by 2020.
The RM26 billion project also intends to support Greater KL to drive rapid growth in Kuala Lumpur while upgrading the liveability ranking of the city to the world’s top 20.
“We plan KLIFD to be a space like no other, and this is our forte as urban planners. Buildings can always be good, but we want to emphasise that this project will resolve itself in the public realm,” said Jorge Silvetti, Principal of Machado and Silvetti Associates.
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