Kuala Lumpur: PricewaterhouseCoopers Malaysia Holdings Sdn Bhd’s (PwC Malaysia) entry into the Tun Razak Exchange (TRX) as the anchor tenant in a newly developed building is set to enhance Kuala Lumpur’s reputation as a premier global business destination, Finance Minister II Datuk Seri Amir Hamzah Azizan stated.

According to BERNAMA News Agency, during a speech delivered by Finance Ministry Deputy Secretary-General (Investment) Datuk Shahrazat Ahmad at the groundbreaking ceremony, Amir Hamzah highlighted that the event marks a significant achievement for TRX and Kuala Lumpur. The new 39-storey office building will be TRX’s 10th office development, with its completion expected in the second quarter of 2029, and PwC will serve as its anchor tenant.

PwC’s presence in TRX is anticipated to generate high-quality job opportunities and boost regional integration across ASEAN and beyond. Amir Hamzah emphasized the importance of aligning and coordinating governmental efforts to realize Kuala Lumpur’s potential as a competitive international financial center, thereby enhancing its centrality and competitiveness.

Amir Hamzah further noted that over RM8 billion of investments have been realized in TRX, which currently employs over 20,000 knowledge workers. Global corporations such as HSBC, Prudential, Huawei, Apple, and Lendlease have recognized the strategic advantages of operating within TRX, underscoring its growing international appeal.

As a national initiative, TRX aligns with the government’s mission to reinvigorate Malaysia’s economic landscape through the MADANI Economic Framework. Amir Hamzah stressed the importance of leveraging TRX’s mandate as Malaysia’s International Financial Centre to complement the country’s robust pro-business policies, thereby solidifying its status as a leading global business hub.

Prime Minister Datuk Seri Anwar Ibrahim officially launched TRX as the International Financial Centre on February 23, 2024.