A trio of buildings are set to break the Petronas Twin Towers’ longstanding record as Malaysia’s tallest structures, Free Malaysia Today reported.
Tentatively known as Tower M, the planned skyscraper will rise 145 storeys, eclipsing the 118-storey PNB 118 development launched under former Prime Minister Najib Razak.
Critics have derided PNB 118, a project of the state-run fund management company Permodalan Nasional Berhad (PNB), as wasteful and extravagant.
The announcement of Tower M arose in the wake of Najib’s arrest earlier this month for allegedly embezzling USD4.5 billion from state coffers.
KLCC (Holdings) Sdn Bhd, the owner of the Petronas Twin Towers, will be developing Tower M in the next 10 to 15 years. PNB 118 is set to be finished in 2024.
Tower M will be developed in three towers, adding three to four million square feet of office space to the Kuala Lumpur market.
The Petronas Twin Towers held the record as the world's tallest skyscrapers in 1998 until they were surpassed in 2004 by Taipei 101.