KUALA LUMPUR, Oct 10 — One of the country’s most important landmarks, Carcosa Seri Negara will undergo a RM600 million facelift with investment by Khazanah Nasional Berhad.
Prime Minister Datuk Seri Anwar Ibrahim said Malaysia negotiated the return of Carcosa Seri Negara from the British nearly four decades ago.
“It is a historic building that symbolises the dignity and sovereignty of the nation,” he said when tabling the Budget 2026 today.
He said the Sultan Abdul Samad Building stands as a historical witness to the Malay Rulers and the lowering of the Union Jack.
The government’s push for heritage conservation, under the Warisan KL initiative, has also been expanded to include conservation works at the Kuala Lumpur Railway Station and the Dayabumi Complex.
“PNB’s Merdeka 118 development will soon feature a new Textile Museum, highlighting Malay textile traditions, and is scheduled to open next year,” he said.
Meanwhile, restoration works at Stadium Merdeka and Stadium Negara will also commence.
He expressed appreciation to Khazanah, Permodalan Nasional Berhad (PNB), Petronas and Railway Asset Corporation (RAC) for their commitment to preserving Kuala Lumpur.
In a bid to encourage participation of the private sector in heritage conservation, an initial RM5 million matching grant has been allocated to support the restoration and rejuvenation of Muzium Negara.
Anwar said the grant is open to contributions from the corporate sector, philanthropists and heritage experts.
Cash donations by individuals and corporations to the Malaysian Museums Department trust account will also be eligible for tax deductions equivalent to the amount contributed.
