cover rationale - ChartNexus
cover rationale - ChartNexus
cover rationale - ChartNexus
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
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