SEREMBAN: Matrix Concepts Holdings Bhd continues to redefine the property landscape with its visionary strategies and commitment to delivering innovative developments that resonate with modern lifestyles.

The group broke ground for the first phase of the Malaysia Vision Valley City (MVV City) project in Negri Sembilan on Tuesday.

Designated as the crown jewel of the Malaysia Vision Valley 2.0 (MVV 2.0), the MVV City spans 8,796 acres.

MVV 2.0 is a large-scale public-private partnership economic development plan situated in Negri Sembilan, strategically located near the southern development zone of Selangor.

It encompasses the “Golden Triangle” area of Seremban, Nilai, and Port Dickson.

At the core of MVV City lies a 2,382 acre hub (MVV City Phase 1) by Matrix Concepts.

Comprising over 1,000 acres of industrial space, 15,000 residential units and a 174-acre commercial lot, MVV City Phase 1 has a gross development value of RM15bil and a 12-year development period.

Matrix Concepts chairman Datuk Mohamad Haslah Mohamad Amin said the development of MVV City marks a significant milestone in a transformative journey that goes beyond construction and infrastructure advancements, but is also about shaping a sustainable future.

“Dubbed the “Pulse of the Future,” MVV City embodies the heartbeat of the nation’s aspirations, expanding our vision of building sustainable and interconnected communities, opening up ideas and opportunities, and promises a transformative impact,” he said during his speech at the groundbreaking ceremony of MVV City.

Matrix Concepts will be jointly developing MVV City Phase 1 with the Negri Sembilan state government (NS Corp).

Matrix Concepts is set to spearhead the development of MVV City Phase 1 in partnership with NS Corp. The property developer holds an 85% stake in the project and will be leading the development.