1
Asia 2050: Realizing The Asian Century, Asian Development Bank(^2)
Doing Business 2016, International Bank for Reconstruction and Development / The World Bank
(^3) The Global Competitiveness Report 2015-2016, World Economic Forum
(^4) 2016 IMD World Competitiveness Scoreboard, IMD World Competitiveness Center
Sporting world-class business facilities,
communications infrastructure and cutting-
edge security, the imposing skyscraper will
be a welcome addition to the breathtaking
Kuala Lumpur skyline.
“Our blueprint is to complement other
iconic towers in Malaysia, giving a
fresher and contemporary look. The
signature tower will fulfil TRX’s potential
in developing the city as Malaysia’s
international financial district,” said Dato’
W.H. Lai, Chief Executive Director of Mulia
Property Development Sdn Bhd.
But TRX is more than just a financial hub.
Australian property and infrastructure group
Lendlease is working in partnership with
TRX City Sdn Bhd to design the district’s
lifestyle quarter, The Exchange TRX, which
will feature recreational green spaces,
residences, luxury business and leisure
hotels, as well as a vibrant retail mall.
“We want it to be sustainable in the long-
term because we are not just building a
shopping centre. The idea is for it to become
a major public place where the community
can come and play,” said Lendlease
Managing Director and Country Head
(Malaysia), Stuart Mendel.
Global giants such as HSBC and Prudential
as well as local leaders like Affin Bank
have already committed to establishing
regional offices in TRX, and they will soon
be accompanied by other prominent and
renowned companies.
These companies are facilitated by the
Government’s support in the form of
attractive incentives for investors and
companies looking to move their business
operations to the new district.
“We are ahead of the schedule and we will
be moving part of our businesses (to TRX) by
the end of 2020,” said HSBC Malaysia Chief
Executive Officer, Stuart Milne.
“This is a prime location and having an
office here will definitely reinforce our
branding and position in the market,” said
Affin Bank Berhad Group Chief Executive
Officer, Kamarul Ariffin Mohd Jamil.
The smart and sustainably-designed TRX
will be further complemented by excellent
connectivity via highways and public
transportation, making TRX one of the best-
connected business districts in Asia. ■
Today, Kuala Lumpur is a vibrant, diverse
and dynamic city, and the addition of a
dedicated financial district will only take the
nation’s economic growth to new heights.
To realise the government’s objective of
transforming Malaysia into a major hub for
global finance and commerce in Southeast
Asia, the idea of Tun Razak Exchange (TRX),
Malaysia’s first international financial
district, was conceived.
TRX aims to help transform Kuala Lumpur
into a prominent Asian financial hub like
Singapore and Hong Kong; a sustainable
financial centre that will attract foreign
investment to stimulate wealth creation
and economic prosperity. The 70-acre
financial district in the heart of the bustling
capital promises to be a haven for foreign
investment and home to some of the
world’s biggest businesses, cultivating a
modern and dynamic financial ecosystem.
The nucleus of TRX, Exchange 106 is being
developed by the Mulia Group and is set
to be the tallest tower in Southeast Asia.
_Aug 2019_TRX Advertorial03-ok.indd 51 18/07/2019 10:55 AM