Perbadanan PR1MA Malaysia has signed a definitive agreement with Tenaga Nasional Bhd (TNB) to develop two blocks of apartments on a 3.33 -hectare site in Kajang owned by the latter.
PR1MA Chief Executive Officer, Datuk Abdul Mutalib Alias, said under the development plan, which was expected to be completed by end-2019, one block would be given to TNB for its employees and the other would be sold by PR1MA.
“TNB is the first government-linked company (GLC) that has stepped forward to work collaboratively with us in providing PR1MA homes for TNB employees as well as the rakyat who are eligible.
“We are looking forward to more collaborations with other GLCs, property developers as well as government and its agencies, who have land in good locations, to develop more PR1MA homes in the future,” he told reporters at the agreement signing ceremony here Wednesday.
Prime Minister Datuk Seri Najib Tun Razak witnessed the signing ceremony.
To-date, PR1MA’s members of the corporation had approved the building of 233,380 units nationwide, with 84,132 units already in various stages of construction.