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uildings and suites, international hotels,<br />

exclusive condominiums, an integrated retail<br />

center and a convention cum exhibition center.<br />

Situated at the heart of the site is the<br />

development’s most prominent feature, Stesen<br />

Sentral Kuala Lumpur, which was officially<br />

launched on April 16, 2001. This transportation<br />

hub offers rail network links to air and surface<br />

transportations for domestic and international<br />

travels. The rail services include Keretapi Tanah<br />

Melayu (KTM) Inter-City, KTM Commuter by<br />

KTMB, Projek Usahasama Transit Ringan<br />

Automatik (PUTRA LRT) and Express Rail Link’s<br />

(ERL) KLIA Express and KLIA Transit rail<br />

services. A fourth rail service, the KL Monorail<br />

is expected to start operations in 2003.<br />

Incorporated within Stesen Sentral Kuala<br />

Lumpur is also the Kuala Lumpur City Air<br />

Terminal (KL CAT), which has been awarded<br />

the code ‘XKL’ by the International Air Travel<br />

Association (IATA), making it a new<br />

international air travel destination in the world,<br />

equipped with check-in facility.<br />

As a privatization project, the station has<br />

started to play a significant role in supporting<br />

the growing pace of Malaysia’s economic and<br />

social development. Today, about 20,000<br />

people passes through the station on an<br />

average day. An estimated 50 million<br />

passengers are expected to use the station in<br />

2010, doubling to 100 million a year by 2020.<br />

In recognition of its unique quality, Stesen<br />

Sentral Kuala Lumpur has been presented with<br />

a few awards, which include the FIABCI Award<br />

of Distinction for the Best Property in the<br />

Specialised/Public Sector Category and the<br />

Best Steel Roofing Award from Persatuan<br />

Arkitek Malaysia.<br />

Semasa Sentral Sdn Bhd, a wholly-owned<br />

subsidiary of MRCB, manages and maintains<br />

both commercial and operational aspects of<br />

the station. Other facilities available at the<br />

station include restaurants & cafes, banking<br />

services, travel agencies and retail shops.<br />

Apart from being a transportation hub, Kuala<br />

Lumpur Sentral Development is also conceived<br />

as a vibrant venue for business, residential and<br />

entertaining leisure pursuits. The first phase of<br />

commercial developments consisting Suasana<br />

Sentral Condominiums and Plaza Sentral<br />

Corporate Office Suites were launched<br />

simultaneously with the station. Both have<br />

been successfully completed and currently in<br />

operations and occupied.<br />

Suasana Sentral, a high-end condominium<br />

development, which was jointly developed by<br />

MRCB and CapitaLand Residential of<br />

Singapore, is managed by One Sentral Park<br />

Sdn Bhd. Its unique concept and impressive<br />

features have registered more than 95% sale.<br />

Plaza Sentral is a commercial office<br />

development comprising seven blocks of office<br />

towers. Three blocks have been completed<br />

and have registered take-up rate of 99% and<br />

sales record of 95% with tenants from<br />

established blue chip multinationals and<br />

reputable local organizations.<br />

The first phase of commercial developments<br />

also includes the construction of the 5-star<br />

Hilton Hotel and 4-star Le Meridien Hotel by<br />

Daito and Daisho of Japan, a major property<br />

investor in Kuala Lumpur Sentral Development.<br />

Upon completion by mid-2003, the two hotels<br />

will offer 953 rooms of world-class<br />

accommodation, fine-dining facilities, as well<br />

as meeting and banquet services.<br />

Laporan Tahunan 2002 Annual Report<br />

OPERATIONS REVIEW (CONTINUED)<br />

71

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