Olympic House Malaysia: A New Era of Sports in the Making
RM103 Million Budget for New Olympic House in Bukit Jalil
The Olympic Council of Malaysia (OCM) has announced that the construction of the new Olympic House Malaysia in Bukit Jalil is expected to cost RM103 million. The new building is expected to be completed by 2027, in time for the South East Asian (SEA) Games in Malaysia.
Breaking Down the Costs
The total budget of RM103 million will be allocated as follows: RM93 million for the construction of the building and RM10 million for the land lease. According to OCM president Tan Sri Mohamad Norza Zakaria, the land lease will require a payment of RM5 million upfront, with the remaining RM5 million to be paid over a 10-year period.
Facilities and Purpose
The new Olympic House will feature a range of facilities, including a museum, a banquet hall, a media conference room, meeting rooms, and offices for sports associations that cannot afford to have a big office. The building is designed to generate additional income and provide a hub for sports associations and stakeholders.
Location and Timing
The new Olympic House will be built next to the National Hockey Stadium and within the vicinity of the Bukit Jalil National Stadium, the National Aquatic Centre, the National Sports Council, and the Bukit Jalil Sports School.
Timeline
OCM president Tan Sri Mohamad Norza Zakaria expressed hope that the construction can be completed by 2027, in time for the SEA Games in Malaysia. The new Olympic House is expected to be a major milestone in the development of sports in Malaysia and a symbol of the country’s commitment to promoting sports and physical activity.
Conclusion
The new Olympic House Malaysia is an exciting development in the world of sports in Malaysia. With its state-of-the-art facilities and prime location, it is set to become a hub for sports associations and stakeholders. With a budget of RM103 million, the project is expected to be completed by 2027, in time for the SEA Games in Malaysia.
Frequently Asked Questions
Q: What is the total budget for the construction of the new Olympic House Malaysia?
A: The total budget is RM103 million.
Q: How much of the budget is allocated for the construction of the building and how much is allocated for the land lease?
A: RM93 million is allocated for the construction of the building, while RM10 million is allocated for the land lease.
Q: What are the facilities that will be included in the new Olympic House?
A: The new Olympic House will feature a museum, a banquet hall, a media conference room, meeting rooms, and offices for sports associations that cannot afford to have a big office.
Q: When is the new Olympic House expected to be completed?
A: The new Olympic House is expected to be completed by 2027, in time for the SEA Games in Malaysia.