TSR/LTAT/PBT – Teluk Air Tawar Mixed-Use Development – Penang - Project Profile

TSR/LTAT/PBT – Teluk Air Tawar Mixed-Use Development – Penang - Project Profile

  • March 2018 •
  • 6 pages •
  • Report ID: 4824594
Synopsis
"TSR/LTAT/PBT – Teluk Air Tawar Mixed-Use Development – Penang - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "TSR/LTAT/PBT – Teluk Air Tawar Mixed-Use Development – Penang - Project Profile" is part of Timetric’s database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
TSR Capital Bhd (TSR) in a joint venture with Lembaga Tabung Angkatan Tentera (LTAT), Pembinaan Bukit Timah Sdn Bhd (PBT) is planning to build a mixed-use complex in Penang, Malaysia.

The project involves the construction of a mixed-use complex on 400ha land and being implemented in six phases.

The project includes the construction of apartments, office buildings, retail units, parking facility and other related facilities, and the installation of safety systems.

TSR In-house division will undertake the design, build and finance for the development.

In April 2014, TSR, LTAT and PBT entered into an agreement with Armed Forces Fund Board for the project implementation.

Planning activities are underway.

Scope
The project involves the construction of a mixed-use complex on 400ha of land at the former Royal Malaysian Air Force (RMAF) base in Butterworth, Seberang Perai, Penang, Malaysia.

The US$800 million project includes the following:
1. Construction of apartments
2. Construction of office buildings
3. Construction of retail units
4. Construction of parking facility
5. Construction of other related facilities
6. Installation of safety systems

Reasons To Buy
• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.
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Country=Malaysia Industry=Construction ParentIndustry=HeavyIndustry Date=201803 Publisher=Timetric Price=1000