Dataran Perdana - Kuala Lumpur International Financial District (KLIFD)
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1Malaysia Financial Centre
Mubadala, an investment firm owned by Abu Dhabi's government recently signed an agreement with 1Malaysia Development Board to jointly develop a 34 hectare site as Kuala Lumpur's new integrated financial district. The RM26 billion project which will be built off Jalan Tun Razak near Bulatan Pandan, is amongst several planned urban centres within Greater KL under the National Key Economic Area (NKEA) initiative. Before KLIFD, the site was earmarked for a development known as Dataran Perdana, which is synonymous with Pudu's Pasarakyat Bus Terminal.
It was earlier reported in the media that if everything goes well, KLIFD may groundbreak as early as June 2011 in conjunction with the visit of the Crown Prince of Abu Dhabi to Malaysia. According to 1MDB's website, the masterplan competition has attracted some of the world’s best. They include Foster + Partners, Sasaki, BDP, Machado and Silvetti, Broadway Malyan, Atkins, Cox Richardson, Adrian Smith + Gordon Gill, Nikken Sekkei Ltd and OMA.
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