Latest news with #PermodalanNegeriSelangorBhd
The Star
09-07-2025
- Business
- The Star
Carey Island poised to be tech and food security hub
Selangor Mentri Besar Datuk Seri Amirudin Shari. PETALING JAYA: Selangor is closer to its aspiration to become a smart, competitive and regional leader in green economy and food security with the development of an EduTechnology Park and Food Security Hub on Carey Island. Selangor Mentri Besar Datuk Seri Amirudin Shari said the project not only reflected the state government's vision but also strengthened Carey Island's position as an international hub for technology-driven development, education, and food security. The project will be undertaken via a series of memoranda of understanding between Permodalan Negeri Selangor Bhd which will spearhead the project, and three other entities – SD Guthrie Bhd , IJM Corp Bhd and Yayasan Selangor. According to Amirudin, Yayasan Selangor will be tasked with developing an international-standard campus to enhance educational access and build human capital at the EduTechnology Park. 'Yayasan Selangor will play a key role in developing education facilities for the next generation. 'This is not just a physical investment, but an investment in the younger generation of Selangor,' he said in a joint statement. SD Guthrie will be the developer of the project, marking the second strategic collaboration to builds parts of the group's land on Carey Island, which is 79% owned by the company.
New Straits Times
03-07-2025
- Business
- New Straits Times
LBS Bina's unit MGB hands over completed Rumah Idaman Melur to proud owners
KUALA LUMPUR: Rumah Idaman Melur, the second project under the Rumah Idaman MBI initiative, has reached a significant milestone with the official handover of completed units to proud new homeowners. The ceremony was officiated by Selangor Menteri Besar Datuk Seri Amirudin Shari, marking a pivotal step in the state's mission to provide accessible and high-quality housing for its people. Located in the Cybersouth township, Idaman Melur is a collaboration between Permodalan Negeri Selangor Bhd (PNSB), through its subsidiary PNSB Construction Sdn Bhd, and MGB Bhd, a leading construction and property development solutions provider under LBS Bina Group Bhd. Spanning 4.885 hectares, the RM406 million development comprises two 23-storey residential blocks offering 1,448 semi-furnished units. Each home, priced from RM250,000, includes three bedrooms and two bathrooms with a minimum built-up area of 1,000 square feet. The units come equipped with essential furnishings and appliances, including air conditioners, kitchen cabinets, wardrobes, refrigerators or televisions and water heaters, offering exceptional value in the affordable housing market. Strategically linked to major highways such as Elite and MEX, Idaman Melur offers both convenience and comfort, nestled within a peaceful, green environment. Datuk Seri Amirudin shared that the project forms part of the broader Rumah Idaman MBI initiative, which comprises six developments totalling 7,210 affordable units across Selangor. Upcoming phases include Bukit Jelutong, which is set to offer 1,400 units, and Sabak Bernam, with 1,260 units scheduled for completion in 2026. All homes under the initiative are constructed using MGB's in-house Industrialised Building System (IBS) precast concrete technology, ensuring efficient build times and high-quality standards. Amirudin said: "Our commitment remains strong in ensuring the well-being of the people of Selangor through the provision of high-quality, comfortable homes equipped with essential amenities." "We are confident in the success of Rumah Idaman BSP and other Rumah Idaman MBI projects, as their strategic locations, affordable pricing, and inclusion of necessary appliances will greatly enhance the quality of life for our residents." Meanwhile, LBS Bina executive chairman Tan Sri Ir. Dr. Lim Hock San praised the strength of the public-private collaboration behind the initiative. "The Rumah Idaman projects reflect a shared commitment to social responsibility and construction excellence. "We are proud that Idaman Melur achieved a QLASSIC score of 79 per cent by CIDB and was delivered ahead of schedule, just like Idaman BSP in 2024. Demand has been overwhelming, reaffirming this segment as a core focus for MGB. "The same IBS technology used here is being applied internationally, including in our ROSHN Al-Arous Phase 1 project in Jeddah, Saudi Arabia," Lim added. PNSB chief executive officer Raja Ahmad Shahrir Iskandar Raja Salim said the collaboration showcases how the state and private sector can work together to create impactful, people-centric developments. "We are proud to play our part in realising the state's vision for inclusive, quality housing," he added.
