Perbadanan Perwira Niaga Malaysia (Pernama) will build a business complex known as Tepian Tekpi, which will benefit Malaysian Armed Forces (MAF) veterans and personnel as well as residents around the Klang Valley.
Deputy Defence Minister Adly Zahari said the construction of the RM75 million complex in Jalan Tekpi here will begin at the end of this year or early January 2024, subject to approval from the Kuala Lumpur City Hall (DBKL).
“We hope that Tepian Tekpi will begin operations by 2026.
“The project will include the construction of various facilities and an economic centre for defence staff and further improve Pernama’s services to MAF personnel as well as nearby residents,” he told a press conference after officiating the ground breaking ceremony of the Tepian Tekpi project today.
Adly said the complex, which has a contemporary and modern design, offers a variety of facilities including a supermarket, a food court, a business space for MAF veteran entrepreneurs, a multi-purpose hall, an 84-room hotel, and office buildings.
He said the complex would be built on 0.996 hectares of land, which would be leased for 30 years at a rate of RM436,000 per year.
Pernama, a wholly-owned subsidiary of the Malaysian Armed Forces Fund Board has produced competitive entrepreneurs through its entrepreneurship training programme, and a total of 1,646 MAF veterans have completed the retail course to date.
Source: BERNAMA News Agency