TRX set to bring in more FDI

KUALA LUMPUR: The Kuala Lumpur International Financial District now has a new name The Tun Razak Exchange (TRX). Under the newly-launched project, Prime Minister Datuk Seri Najib Tun Razak said RM3.5bil in foreign direct investment was expected to be generated in the first phase of the development. The 28.3ha development off Jalan Tun Razak is also expected to bring in RM26bil in gross development revenue. “What began as an idea for KLIFD has evolved into something larger and more inclusive,” said Najib when launching the project at the site here yesterday. Read more... Jarumemas: TRX will become the new skyline for Kuala Lumpur.