NEWS & EVENTS ONLINE EXCLUSIVE

Bank Negara mint to be redeveloped

As part of its mint modernisation project, Bank Negara Malaysia (BNM) plans to demolish and redevelop its mint—Kilang Wang Bank Negara Malaysia building—at an 11.3-acre site in Shah Alam, The Edge reports.

The facility, which is over two decades old, produces coins and commemorative coins. Documents sighted by The Edge Financial Daily reveal that the new plan comprises a two-storey coin production facility, a three-storey office building and a two-storey exhibition centre.

Based on tender documents on BNM’s website, redevelopment plans are believed to have commenced about two years ago. In 2017, the central bank made a request for proposal (RFP) for the appointment of a mint consultant to manage the planning and design phase and oversee the development and implementation of the operations design for a new automated and integrated mint facility.

Subsequently, BNM made an RFP for the appointment of an architect and principal consultant for the project. The role of architectural consultancy firm would be to act as the principal consultant to form, appoint and lead a consortium of consultants to participate in the project.

In 2019, BNM invited qualified and experienced building contracts to participate in the project. Interested parties must be Malaysian companies registered with the Construction Industry Development Board and have a minimum positive net worth of RM6 million in each of the financial years of 2015, 2016 and 2017.

The interested party must also have experience in building works with a minimum value of RM80 million in a single contract within the last five years. The party must also have experience in construction of warehouses or manufacturing plants, the document said. The closing date to submit the tender was May 9. It is not known if the winning bidder has been selected.

A submission was made to the Shah Alam City Council for the project in March 2019.

It is learnt that BNM has one other parcel of land in Persiaran Tasek, Shah Alam, which is the site for its money processing and distribution centre (Pusat Pemprosesan dan Pengedaran Matawang). — Construction+ Online

 

 

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