Prime Minister launches

EPF's new HQ at Kwasa

Damansara

Prime Minister Datuk Seri Anwar Ibrahim has today inaugurated the Employees
Provident Fund’s (EPF) new head office at Kwasa Damansara, Selangor.

SUNGAI BULOH: Prime Minister Datuk Seri Anwar Ibrahim

has today inaugurated the Employees Provident Fund's
(EPF) new head office at Kwasa Damansara, Selangor.

Chairman Tan Sri Ahmad Badri Mohd Zahir said the EPF
was not only the first to break ground and acquire a land
plot in Kwasa Damansara, but it was also set to be the
catalyst for growth in the new township, located on the
last significant parcel of prime land in Selangor.
"We are honoured to have the Prime Minister inaugurating
the EPF's new head office which is a key landmark of
Kwasa Damansara.

"Having watched over the progress of the building and the

development of Kwasa Damansara over several years, it is
a pleasure to finally arrive at today's milestone, which is
the result of much deliberation, planning and collaboration
between the EPF, its wholly-owned subsidiary and master
developer Kwasa Land Sdn Bhd, and project delivery
partner Malaysian Resources Corporation Bhd (MRCB),"
he said at the EPF Tower launch.

Kwasa Damansara is set to be one of the greenest

township in the Klang Valley with many green buildings,
initiatives and conservation efforts to preserve as well as
increase the biodiversity of the township.

The 12-storey EPF Tower's was awarded the Green

Building Index (GBI) platinum rating, reflecting the EPF's
commitment to green values and sustainability.
Prime Minister Datuk Seri Anwar Ibrahim has today inaugurated the Employees
Provident Fund’s (EPF) new head office at Kwasa Damansara, Selangor.

The Kwasa Damansara township occupies a total land

area of about 1,064 hectares comprising both freehold
and leasehold, while the EPF Tower l which was
completed in June 2022, sits on a 2.1-hectare plot.

More than 2,200 members of the EPF head office staff

occupy the EPF Tower, which houses the EPF Kwasa
Damansara branch, surau, gym, clinic, and more than
1,000 parking bays for staff and guests.

Ahmad Badri highlighted the EPF focus on three key areas

- retirement income adequacy, coverage and sustainable
returns - in its commitment to rebuild members' savings
and return the focus to achieving retirement income
security.

In doing so, he said the EPF was ramping up on its

Outreach Programme to promote voluntary contributions
to build savings while also expanding the EPF's coverage,
particularly among informal sector workers such as gig
workers, business owners and the self-employed or
freelancers.

As at December 31 last year, a total of 2091 outreach

programmes have been conducted throughout Malaysia
where the EPF recorded an increase in the number of
members who made voluntary contributions by 70 per
cent to 774, 980 in 2022 compared to 455,361 in 2021.

"The EPF will continue to support the implementation of

initiatives that seek to catalyse the accumulation and
strengthen member's retirement income, with a view to
helping EPF members and future members achieve a
dignified retirement," Ahmad Badri said.