Latest news with #JointDevelopment


The Star
3 days ago
- Politics
- The Star
Cambodia-Thailand conflict negotiation, govt debt in focus at Dewan Rakyat today
KUALA LUMPUR: Malaysia's role in facilitating peace talks and a ceasefire in the Thailand-Cambodia conflict is among the issues in focus at the Dewan Rakyat sitting on Tuesday (Aug 5). Based on the Order Paper on Parliament's portal, Rodiyah Sapiee (GPS-Batang Sadong) will raise the issue with the Prime Minister during Minister's Question Time. In the same session, Datuk Iskandar Dzulkarnain Abdul Khalid (PN-Kuala Kangsar) will seek clarification from the Prime Minister on whether the Madani government managed the national debt responsibly. Meanwhile, in the question and answer session, Isnaraissah Munirah Majilis (Warisan-Kota Belud) will ask the Foreign Minister about the proposed Joint Development with Indonesia in the ND6 and ND7 Ambalat blocks. She will also inquire whether the same method would be used through the Malaysia-Thailand Joint Development Authority (MTJDA) or another method, ensuring the rights of Sabah and Sarawak are protected under the Malaysia Agreement 1963 (MA63). Datuk Che Mohamad Zulkifly Jusoh (PN-Besut) will ask the Prime Minister to state the government's decision following a holistic engagement session with stakeholders regarding the status of the establishment of the Malaysian Ombudsman, as well as the next steps to expedite its establishment. Additionally, Jimmy Puah Wee Tse (PH-Tebrau) will ask the Defence Minister if the ministry planned to integrate the use of unmanned aerial vehicle (UAV) technology in the country's air defence systems. The Dewan Rakyat sitting resumed with the debate session on the 13th Malaysia Plan (RMK13) motion tabled by Prime Minister Datuk Seri Anwar Ibrahim last Thursday (July 31). This Dewan Rakyat session will last for 24 days until August 28. – Bernama


Time of India
10-07-2025
- Business
- Time of India
Mittal Builders, HoABL ink JV for 11-acre township in MMR, to invest Rs 2,000 cr
Realty developer Mittal Builders has entered into a strategic Joint Development Agreement (JDA) with The House of Abhinandan Lodha ( HoABL ) to co-develop a 3 million sq ft large-format integrated township on 11 acres in Mumbai Metropolitan Region's Naigaon area with an investment of Rs 2,000 crore. The township, comprising high-rise residential towers with over 4,600 apartments and high-street retail is estimated to hold a Gross Development Value (GDV) of over Rs 3,000 crore in the next 3-5 years, the developer said in a release. The development will be delivered in phases over five years as a self-sustained urban ecosystem. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Albania: Bathroom Remodeling Trends in 2025 May Surprise You Bathroom Remodeling | Search Ads Search Now Undo The project is part of long-term development plan of Mittal Builders' that holds a total 70 acres in Naigaon with 6.5 million sq ft of further development potential, and a projected GDV of over Rs 8,000 crore Mumbai- headquartered Mittal Builders' portfolio consists of 50 million sq ft across more than 2,000 buildings in Mumbai, Thane, Pune, Delhi, Bangalore, Hyderabad, and Nagpur. Live Events HoABL has delivered four projects totalling about 15 million sq ft of developed land and has additional 30 million sq ft under development across Alibaug, Anjarle, Ayodhya, Dapoli, Goa, Khopoli, Nagpur, and Neral in Maharashtra, with upcoming developments in Amritsar, Shimla, Varanasi, and Vrindavan. The company has recently forayed into vertical real estate development in Mumbai with two projects in south Mumbai and this one with Mittal Builders in the north Mumbai region.

Barnama
18-06-2025
- Business
- Barnama
PETRONAS Carigali Unveils Pioneering AI Venture - TriCipta AI with Beicip-Franlab & AFED Digital to Deliver Breakthrough Performance Across Upstream Value Chain
KUALA LUMPUR, June 18 (Bernama) -- PETRONAS Carigali Sdn Bhd today announced a groundbreaking strategic partnership for its Upstream business with Beicip-Franlab, a leading geoscience and reservoir technology company, and AFED Digital, a specialist in advanced AI and digital solutions. Together, they have entered into a Joint Development Agreement (JDA) via TriCipta AI, a pioneering venture aimed at accelerating hydrocarbon discovery, reducing uncertainties, and maximising recovery sustainably across PETRONAS Carigali's operations. The partnership will initially focus on delivering high-impact and tangible AI solutions to directly address key challenges in exploration, development, and production. Built on a long-term vision of collaborative success, the strategic partnership reflects PETRONAS' drive towards operational excellence and future readiness across its value chain.