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Negeri Sembilan MB launches Malaysia Vision Valley 2.0

SEREMBAN, 13 December 2018 – Menteri Besar of Negeri Sembilan, YAB Tuan Haji Aminuddin bin Harun officiated the launch of the Malaysia Vision Valley 2.0 (MVV 2.0) at the Royale Chulan, Seremban today.

MVV 2.0, a state-led private sector-driven development is envisioned to be a world-class metropolis that is Competitive, Inclusive and Clean. Driven by Public-Private Partnerships, MVV 2.0 aspires to deliver economic impact to Malaysia by bringing in international and local investors, creating job and business opportunities. The overall development spans across 379,087 acres (153,411 hectares) of land covering Districts of Seremban and Port Dickson.

The MVV 2.0 launch was witnessed by Negeri Sembilan state assembly Speaker Zulkefly Mohamad Omar; State Secretary, Dr. Razali Ab Malik; State Investment, Industrialisation, Entrepreneurship, Education and Human Capital Committee
Chairman, Dr. Mohamad Rafie Ab Malek and Sime Darby Property Berhad Chairman, Tan Sri Dato’ Sri Dr. Zeti Akhtar Aziz.

The launch also saw the unveiling of the Comprehensive Development Plan (CDP) for MVV 2.0 and the publicity for its local plan.

The CDP defines the growth development plan for MVV 2.0, along with its catalytic development focus, economic and social benefits, and sustainability and environmental aspirations. The CDP also prioritises various aspects of economy, environment and social development within the MVV 2.0 development area.

Aminuddin also launched the publicity for the MVV 2045 Local Plan that sets out land use zoning and development initiatives to take MVV 2.0 forward. It also consists ofaction plans for the enhancement of the environment, accessibility, infrastructure, liveability and industries within the MVV 2.0 development region.

Aminuddin said, “The preparation for MVV 2.0 is inclusive as it provides an opportunity for the surrounding communities to give their views and ideas for the overall planning of MVV 2.0. The development plans have also been restructured to
enhance some of the major project development clusters to promote high-tech investments which are aligned with our national aspirations. The projects undertaken will serve as catalysts to the development of MVV 2.0. It is also aligned with the 11th Malaysia Plan Mid-Term Review where emphasis will be given to the high-tech industry segments which also covers the aerospace industry.”

MVV 2.0 marks its first milestone through the signing of a Memorandum of Agreement (MoA) between the State Government and MVV Holdings Sdn. Bhd. (MVVHSB). The execution of the MoA aims to establish the basis for the continuity of the roles and functions of MVV 2.0 master developer Sime Darby Property Berhad, through its subsidiary MVVHSB, and the State Government, through MVV Secretariat (MVVS), in relation to the preliminary development stages of MVV 2.0.

In line with the priorities of the State Government, Sime Darby Property Berhad is planning for the development of a high-tech and industrial park, which is the first heartbeat project among the identified six within the first phase of developments to be activated. Sime Darby Property currently owns 2,838 acres within the MVV 2.0; and has the option to acquire another 8,796 acres from Sime Darby Berhad within five years from the date of its listing. The first phase of MVV 2.0 spans over a 30-
year development period covering 27,000 acres.

Tan Sri Zeti Akhtar Aziz said, “Sime Darby Property Berhad will be undertaking this project as the Master Developer, which allows us to extract and enhance the value of our land-bank within the MVV 2.0 development area. We will take on key
projects that will become among the principal drivers of the country’s future economic growth and social development. The company’s significant role in MVV 2.0 is a continuation of our commitment towards the development of Negeri Sembilan.”

Following the MoA, a Memorandum of Understanding (MoU) was signed between the Malaysia Green Technology Corporation and the state government via MVVS. Based on the MoU, the parties have agreed to collaborate in the adaptation and implementation in delivering green concepts and green technology enablers for the
MVV 2.0 project.

MVV 2.0 is part of the National Physical Plan (NPP), where it has been identified as one of the 17 Promoted Development Zones to be given priority at national level. It is also part of the State Structure Plan (SSP), aimed at positioning the Seremban and Port Dickson districts as extensions of Greater Kuala Lumpur.

***ENDS***

About Malaysia Vision Valley 2.0 and MVV Secretariat
Malaysia Vision Valley 2.0 is the new growth area spanning 153,411 hectares covering districts of Seremban and Port Dickson, located in the state of Negeri Sembilan. Malaysia Vision Valley 2.0 is formed to serve as the economic catalyst for the Eleventh Malaysia Plan 2016-2020.

Malaysia Vision Valley 2.0 aims to position itself as a global player by taking full advantage of the positive spillover effects of the growth of Greater Kuala Lumpur (GKL), minimizing the competition effect of the much stronger urban core of GKL. Malaysia Vision Valley 2.0 will focus on Green/Clean technology and manufacturing based industries that delivers inclusiveness, competitiveness and sustainability to the people, economy and environment.

The overall development will be facilitated by a state-led agency, the MVV Secretariat. The MVV Secretariat will act as the governing body in ensuring that the development follows the guidelines and initiatives outlined in the Comprehensive Development Plan for MVV 2.0.

About Sime Darby Property Berhad
Sime Darby Property is Malaysia’s largest property developer in terms of land bank with 20,572 acres of remaining developable land. On the back of a successful 45-year track record of developing sustainable communities, Sime Darby Property has to date built 23 active townships/developments with a global reach that encompasses assets and operations across the Asia Pacific region and the United Kingdom. In the UK, as part of a Malaysian consortium, Sime Darby Property is the developer of the iconic Battersea Power Station project in central London.

Sime Darby Property is a multiple award-winning property group with numerous local and international accolades. It is the first Malaysian property developer to be awarded the International FIABCI Prix d’Excellence Awards twice for its Subang Jaya and UEP Subang Jaya townships. The company bagged its 9th consecutive Gold at the Putra Brand Awards 2018 and its 6th consecutive Top 10 Developers Awards at the BCI Asia 2015. Sime Darby Property has also been recognised as among the top developers in Malaysia in the annual The Edge Top Property Developers Awards, a recognition which the company consistently receives since 2009.

For more information, log on to www.simedarbyproperty.com

MEDIA CONTACT:

Faiz Abdullah
Press Secretary for the YAB. Menteri Besar
Negeri Sembilan Darul Khusus
E-mail: faizmbns@gmail.com
Mobile: 016 – 232 5689

Ahmad Shahriman Johari
Head, Corporate Communications
Sime Darby Property Berhad
E-mail: shahriman.johari@simedarby.com
Mobile: 019 – 333 8320

Sherliza Zaharudin
Head, External Communications & Events
Sime Darby Property Berhad
E-mail: sherliza.zaharudin@simedarbyproperty.com
Mobile: 019-267 6346

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