Is there an airshow on 20th june '10?

[Adam Amir 0]

any ideas?

[MIR 2]

any ideas?

 

RMAF Museum Open Day. Click here

[Mohd Azizul Ramli 2]

Sungai Besi airport will be demolished. Gone. Bust. No more. History.

 

'City of Malaysia' to rise from Sg Besi airport site

By June RamliPublished: 2010/06/11

 

THE Sungai Besi airport in Kuala Lumpur will be developed into a green mixed-use development, which will feature a commercial hub.

 

Defence Minister Datuk Seri Ahmad Zahid Hamidi said the new development area will be known as "City of Malaysia" and will be jointly developed by Middle Eastern investors including the Qatar Investment Authority and 1Malaysia Development Bhd.

 

"We have decided to move the Royal Malaysian Air Force (RMAF) airbase now occupying the land to another area, which will be announced by the Prime Minister at a later date. We are not sure when the move will take place yet. But they will be moving lock, stock and barrel to a new location," he told a press conference after presenting the 50 keys to new homeowners by the Lembaga Tabung Angkatan Tentera (LTAT) in Bukit Jalil, Kuala Lumpur yesterday.

 

He added that LTAT will not have any stake in the new commercial development that is to take place at the Sungai Besi airport.

 

"We are also not sure when they (LTAT) are going to move out. All these things are being ironed out. But moving is not a problem because LTAT has enough landbank for relocation," Ahmad Zahid said.

 

He said the 460ha land is owned by the federal government through an entity know as "Perusahaan Tanah Persekutuan".

1Malaysia Development Berhad is said to be a GLC linked with our 1Malaysia Prime Minister. The whole Sungai Besi Army Camp including the Simpang Airport will be relocated (rumoured to be in Dengkil) and demolished to make way for this multi billion Dollar project. It was mentioned that the project is worth at least USD 5 billion.

 

Earlier on...

 

Sg Besi land transfer to 1MDB

Wednesday May 19, 2010

 

By ANITA GABRIEL

anita@thestar.com.my

 

 

PETALING JAYA: The Government will transfer ownership of the prized land in Sungai Besi, currently the base for the Royal Malaysian Air Force, to 1Malaysia Development Bhd to be developed into a multi-billion ringgit commercial project, akin to an “urban renewal project,” said a source.

 

“It will basically be a left hand, right hand transfer. The Government has entrusted the land to 1MDB, which is a wholly-owned government agency, which will then be responsible for unlocking the value and maximing returns from the land.

 

“1MDB will manage the entire process and with the mandate as a land owner, it will woo foreign parties to contribute to foreign direct investments in the country,” said a source close to the plans.

 

It is believed that the massive project will be developed through a joint-venture with Qatar Investment Authority (QIA), which only recently signed a memorandum of understanding with 1MDB for a strategic real-estate development in the Klang Valley.

 

It was announced earlier that a joint committee would be set up by 1MDB and QIA to assess the viability of real-estate opportunities along with other investments. QIA has proposed to invest some US$5bil in these projects.

 

According to sources, 1MDB may also tap the expertise of another of its foreign partners, Abu Dhabi's Mubadala Development Co, which it had tied up with early this year to explore clean technology projects and investments, including the possibility of building Malaysia's first carbon-neutral city.

 

However, at this stage, a source said, no property developer - local or foreign - had been identified to participate in the project.

 

It is believed that top officials of 1MDB, a strategic development fund, had visited Abu Dhabi recently and were briefed by Mubadala on Plan Abu Dhabi 2030 - a massive and highly ambitious urban structure framework plan to develop the city.

 

“Mubadala's track record is impressive and they have a lot of experience, so 1MDB will be working closely with them and leverage on their expertise.

 

“These are the building blocks. 1MDB does not claim to be an expert but it has good relationships with those who are, so we can leverage on their capabilities,” the source said.

 

Sources said the final details of the partnership with QIA would be worked out within 30 days.

 

“The development (on the Sungai Besi land) has to be green (environmentally friendly), very organised, liveable and people centric. It's timely that KL has urban renewal projects with wide open public spaces, public parks and library, gathering places and so forth. That's what 1MDB is looking to have currently,” the source said.

 

The fund, the source said, was in the process of selecting the master planners or architects for the project. Once the plan was done, sources said, the land would be parcelled out.

 

“1MDB will remain in total control of the master plan together with its joint partner throughout this project,” he said.

 

Two days ago, the Royal Malaysian Air Force (RMAF) chief Datuk Seri Rodzali Daud was quoted by Bernama as saying that the Government had not made a request yet but the RMAF was ready to shift its base from Sungai Besi to enable the base to be developed as a commercial hub.

 

“Shifting the RMAF base from Sungai Besi to Dengkil is still in the planning stages…I do not want to elaborate but the Government has plans. But on our side, we will be ready,” he had said.

 

It is believed that the Sungai Besi land is also being sought after by other interested parties.

I protest this move. I always thought the Sungai Besi Airport plays a significant role for Kuala Lumpur's defence due to its location.

[flee 5]

Its all about money, isn't it? Here is a piece of real estate ripe for exploitation. The govt. is so desperate for money spinning projects that it has to sell the nation's treasures to fill their pockets.

[Adam Amir 0]

such a loss.... i enjoy looking at the runway everytime i pass it on the highway...