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After weathering regime change ‘disruption’, Exchange 106 now open for business

Exchange 106 is one of the few Najib-era megaprojects that has emerged unscathed since Pakatan Harapan became the government.

Located within 1MDB’s flagship development, the Tun Razak Exchange (TRX) in Kuala Lumpur, the skyscraper was inevitably caught up in the money-laundering scandal that plagued the fund.

Work on the tower was well underway when Harapan swept into power on May 9 last year. Rather than axe it like some other Barisan Nasional projects, the new government decided to bailout TRX City - the master developer of the project - to the tune of RM2.8 billion.

Today, TRX’s 492 metre tall signature office tower is complete and has been issued a Certificate of Completion and Compliance (CCC) for the lower half of the building. It expects to welcome its first tenants in Dec this year...


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