Treasury secretary-general Mohd Irwan Serigar Abdullah said he will give a press conference on the Bandar Malaysia master developer when the time comes at the launch of online radio station eFM in Cyberjaya today.

“Wait, the time will come. I will give a press conference,” he said, when asked by a reporter on the status of the master developer call for the Bandar Malaysia development. 

When pressed further on when the press conference will be held, he said, “Wait, I will come back.”

Irwan (photo), who is also the TRX City and Bandar Malaysia chairperson, was last reported on Oct 31 as saying that an announcement on this matter will be “coming soon.”

He was also reported saying in August that six companies had shown interest to be the master developer for the multi-billion ringgit Bandar Malaysia development project and that they will submit their proposals by the end of the same month.

Before that, he had said that the deadline to submit proposals to be the master developer was June 30, 2017. He also said then that the final decision on the master developer will be made by July 14.

Among the criteria set for companies intending to become the master developer is that they must be a Fortune 500 company, have a cumulative revenue over three years of RM50 billion from the entire value chain of real estate and associated business, and have experience in international real estate development projects.