Lendlease continues construction work at the Exchange TRX despite CMCO

LENDLEASE Group, the developer of the retail-led mixed development part of The Exchange TRX, is able to maintain its entire construction operations despite the COVID-19-led Conditional Movement Control Order.

Managing director and country head for Malaysia, Stuart Mendel, said Lendlease’s approach in ensuring the standard operating procedures are being carried out at its developments, helps keep the Australia-headquartered group’s business operation running.

“When there are opportunities for enhancement, we will absolutely add those opportunities for enhancement in our business,” he said during a virtual interview session with the media today.

In addition, Mendel said the company has made resilience a key cornerstone in all its developments at The Exchange TRX.

The 6.9-hectare The Exchange TRX development in the Tun Razak Exchange (TRX) is a joint venture between Lendlease (60 per cent) and TRX City Sdn Bhd (40 per cent), with developments encompassing retail mall, restaurants, hospitality and leisure offerings, residential condominiums and a city park.

At present, Lendlease is developing TRX Residences, which will be built in six phases, with the first phase consisting of two towers, among others.

Source: The Malaysian Reserve

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