The government, through a private financing initiative, is partnering Naza TTDI KL Metropolis Bhd to build the country’s largest exhibition and convention centre in Kuala Lumpur.
The RM628 million premier convention centre, which will take the shape of a rubber seed, will be known as Matrade Centre, as it will be sited next to the existing Menara Matrade on Jalan Khidmat Usaha, off Jalan Duta.
Slated for completion in 2014, the groundbreaking ceremony is expected to take place in the first quarter of next year. A privatisation agreement was signed between the government and Naza TTDI yesterday, witnessed by International Trade and Industry Minister Datuk Mustapa Mohamed. Continue reading