train

In line with the government’s goal of transforming Cyberjaya into Malaysia’s Silicon Valley, the town will get additional infrastructure such as a mosque, hospital and a transport hub that will the link the town with Putrajaya.

“The Government is finalising the study to bring the MRT Line 2 to Putrajaya. We are going to build an overhead ‘walkalator’ about 400 metres long to connect Cybercity centre to Putrajaya Sentral, to ease people’s movement, which makes it more commercially and financially viable,” said Faris Yahaya, Managing Director of Cyberview, the landowner of Cyberjaya.


However, Cyberview will now prioritise the technology component of Cyberjaya instead of its property component.

“We have stop selling land owned by Cyberview and we want to be more strategic, we are rebranding to be a global technology hub…attracting more multinational companies, high-tech companies,” he added.

Nevertheless, Cyberjaya’s gross development value is expected to reach RM20 billion by 2016 from just RM11.1 billion last year.

Meanwhile, the last phase of the Cyberjaya Global Tech Hub Blueprint, which aims to turn the town into a global technology hub, will soon be submitted to Prime Minister Najib.

According to Tan Sri Dr Irwan Serigar Abdullah, Secretary-General of the Ministry of Finance: “After we have tabled and finalised the report, then we will present it to the Prime Minister, hopefully very soon. We are now getting feedback and input from stakeholders and government entities,”

At present, Cyberjaya houses about 800 ICT and non-ICT companies, including two colleges, four universities, eight banks, 40 MNCs, 486 MSC firms. And by 2016, the town is projected to have a population of 100,000.

SHARE
Previous articleMalaysia confirms its Singapore-Kuala Lumpur high-speed rail stations
Next articleSeven highways worth RM20bil expected to start work next year
As one of the premier cyber cities in the region, more than 700 companies, including over 30 multinational corporations, have chosen Cyberjaya as the preferred location to operate their businesses. With the current 16 established property developers vying to invest more than RM20bil in Cyberjaya by 2016, there will be more than 28,000 residential units with an expected population of 100,000 by then. The opening of Cyberjaya's first neighbourhood mall, D'Pulze Shopping Centre and IOI City Mall Putrajaya will serve as a catalyst to boost Cyberjaya to the next growth tier. Coupled with completion of various residential developments, Cyberjaya will see population expansion soon. Other catalysts would involve the upcoming Cyberjaya City Centre, Xiamen University Malaysia Campus, the Maju Expressway extension through Cyberjaya and the Sungai Buloh-Kajang-Putrajaya MRT 2 extension. If you are seeking investment opportunities, Cyberjaya should be in your checklist. Call 016-7737036 for more information.