MELAKA, July 24 (Bernama) — Property developer MTD Properties Sdn Bhd is planning to undertake a strategic development project in Ayer Keroh, with an estimated investment value of around RM4 billion.
Chief Minister Datuk Seri Ab Rauf Yusoh said the investment not only reflects private sector confidence in Melaka’s potential as a prime investment destination but also promises direct benefits for the people.
“This substantial investment will create jobs, catalyse local economic activities and will have a positive socio-economic impact on the people,” he said to reporters after officiating the launch of the MTD Properties’ sales office in Ayer Keroh here today.
Also present were state Health, Human Resources and Unity Committee chairman Datuk Ngwe Hee Sem, Melaka state secretary Datuk Azhar Arshad, MTD Group director Nik Faizul Nik Hussain, and MTD Group chief operating officer Dr Nik Fauzan Nik Faizul.
Ab Rauf highlighted that since establishing its presence in Melaka in 1995, MTD Properties has completed 41 development projects spanning residential, commercial, and industrial sectors, with a total investment of RM4.5 billion.
He added that during this period, 65.76 hectares of land in Taman Tasik Utama have been developed in collaboration with the state government to provide public facilities such as educational institutions, a mosque, recreational parks, and community support infrastructure.
The property developer is currently working on several new projects, including the MTD Cinerea Heights, MTD Nexus 28 Industrial Park, and MTD Elysia Heights.
— BERNAMA
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