Tube Station In Malaysian Owned Battersea Project To Open On Sept 20

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Through a Malaysian consortium, the Battersea Power Station is jointly owned by the Employees Provident Fund, Permodalan Nasional Bhd through Sime Darby Property, and SP Setia Bhd. (AFP pic)KUALA LUMPUR: Battersea Power Station in London, which is wholly owned by Malaysian consortium Battersea Project Holding Company Ltd (BPHC), will be one of the two new Tube stations making up the Northern Line extension to open to the public on Sept 20, 2021.
BPHC is jointly owned by the Employees Provident Fund (20%), Permodalan Nasional Bhd through Sime Darby Property Bhd (40%), and SP Setia Bhd (40%).
According to a statement by BPHC via SP Setia, the Battersea Power Station and Nine Elms, which will be the first new stations on the Northern Line in 80 years, will improve connectivity between the two areas and the rest of London.
“The Northern Line extension is the first major Tube extension this century and is supporting around 25,000 new jobs and more than 20,000 new homes.
“It will also boost the United Kingdom’s economy and support around 1,000 jobs,” it said.
The Battersea area is expected to become one of London’s top destinations and attract about 40 million people per annum.
“The Northern Line extension is a gamechanger for this area of London and an extremely significant milestone in the regeneration of Battersea Power Station, which is soon to be one of the most well-connected developments in the capital.
“We look forward to welcoming further visitors to the thriving riverside neighbourhood we are creating once the new Battersea Power Station underground station is open,” said Battersea Power Station Development Company chief executive officer Simon Murphy.
The Battersea Power Station mixed-development project consists of retail, office and residential units, complemented by the all-new Zone 1 London Underground station on the Northern Line and the Thames Clippers River Bus.
The building will feature a glass chimney lift, which will offer visitors a 360-degree view of London’s skyline. - FMT

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