HAVING completed 60 per cent of its Phase I Calabarzon regional government centre (RGC) project in the Philippines, AlloyMtd is set to expand the concept, which is modelled after Putrajaya, to other regions in the republic.
AlloyMtd president and chief executive officer Datuk Azmil Khalid said the company, through its subsidiary MTD Philippines, is currently talking with four other regional administrative regions to implement the RGC there.
"We hope to conclude talks with at least one region this year," he said after briefing delegates from the Philippines on the update of the Calabarzon RGC project, dubbed as "mini Putrajaya", recently.
In January, MTD Philippines signed a joint venture agreement with Calamba City to develop a RM600 million RGC in Calabarzon region.
Azmil had said he was hopeful that the success of Calabarzon RGC will spur more RGC projects in other regions in the Philippines, noting that there is potential to develop 17 RGCs in that country.
Besides attending the briefing, the 37-strong delegation comprising Philippine congressmen and government officers, visited Putrajaya to see for themselves the successful development of Malaysia's administrative capital.
"We are bringing them here to understand the concept (Putrajaya), and to see the benefits derived from the concept," Azmil said.
The Calabarzon RGC project is modelled after the highly successful development of Putrajaya.
Azmil said the company expects Phase 1 of the Calabarzon project to be completed by December this year, two months ahead of schedule.
"As at September 30, the status of accomplishment for the RM120 million Phase 1 was 60.66 per cent," he added.
Azmil is confident that the whole Calabarzon RGC project will be completed by December 2015.
AlloyMtd is the result of a merger between Alloy Consolidated Sdn Bhd and MTD Capital Bhd.