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Kwasa Land Sdn Bhd is the master developer of the Kwasa Damansara township. A subsidiary of the Employees Provident Fund - the Malaysian pension fund - it was formed in 2010 to execute the EPF's mandate to develop the rubber estate formerly owned by the Malaysian Rubber Board and used for research by Rubber Research Institute Malaysia (RRIM). [2]
3 April 2021 - Approval of MRT3 by the Cabinet, with construction slated to begin in the second half of 2021. [ 18 ] 13 April 2021 - The project is expected to involve about 30 stations and 10 interchanges, covering the parameters of Kuala Lumpur and making one round from Bukit Kiara to University Malaya Medical Centre (UMMC).
The Kwasa Damansara station is a mass rapid transit (MRT) station that serves the future township of Kwasa Damansara in Selangor, Malaysia, which is currently being developed. It is the first station of both the MRT Kajang Line and MRT Putrajaya Line .
The line will pass through the city centre and will serve densely populated suburban areas including Kota Damansara, Mutiara Damansara, Bandar Utama, Taman Tun Dr Ismail, Bukit Damansara, Cheras, Bandar Tun Hussein Onn and Balakong, with a total catchment population of 1.2 million people. Thie line commenced construction in July 2011 and was ...
With the opening of the latest rapid transit lines on 17 July 2017 and 16 June 2022, the Kajang Line and Putrajaya Line respectively, the integrated system has been expanded to Pasar Seni, Merdeka-Plaza Rakyat, Maluri, Tun Razak Exchange, Chan Sow Lin, Kwasa Damansara and Sungai Besi stations, and to USJ 7 station with the launching of the BRT ...
By 3 April 2021, The Construction progress of Phase One section of the MRT Putrajaya Line (Kwasa Damansara – Kampung Batu) is at 97% and was planned to begin operations in August 2021. [25] However, this was postponed multiple times due to the COVID-19 movement control order in Malaysia [ 26 ] and that the line requires furthering testing.
Legally, the EPF is only obligated to provide 2.5% dividends (as per Section 27 of the Employees Provident Fund Act 1991). [ 8 ] The EPF claims that the lowered dividend is the result of its decision to invest in low-risk fixed revenue instruments, which produce lower returns but maintains the principal value of its members' contributions.
The view from Platform 1 (Kajang-bound) of the escalators from the concourse level to platform 2 (Kwasa Damansara-bound) below. The station is designated as a connecting station with, and is within walking distance of the KL Monorail station of the same name, nearby Entrance C and D of the MRT station. Despite being in close proximity, there is ...