Abdul Razak Hussein

Tun Abdul Razak Hussein (11 March 1922 – 14 January 1976 Jawi: عبدال رازک حسین) was the second Prime Minister of Malaysia, ruling from 1970 to 1976.

Tun Razak was the Prime Minister responsible in setting up Barisan Nasional, which is the ruling coalition of political parties that have held power in Malaysia till today, taking over from its predecessor, the Alliance. He is also renowned for launching the Malaysian New Economic Policy (MNEP).

Background

Born in Pekan, Pahang on 11 March 1922, Tun Razak is the first of two children to Dato' Hussein bin Mohd Taib and Datin Hajah Teh Fatimah bt Daud. Of aristocratic descent, Abdul Razak studied at the Malay College Kuala Kangsar.

After joining the Malay Administrative Service in 1939, he was awarded a scholarship to study at Raffles College in Singapore in 1940. His studies at the college ceased with the onset of the Second World War. During the war he helped organise the Wataniah resistance movement in Pahang.

After World War II, Tun Razak left for Britain in 1947 to study law. In 1950 he received a law degree and qualified as barrister at Lincoln's Inn in London. During his student days in England, Tun Razak was a member of the British Labour Party and a prominent student leader of the Kesatuan Melayu Great Britain (Malay Association of Great Britain). He also formed the Malayan Forum, an organisation for Malayan students to discuss their country's political issues.

Tun Razak Exchange

Tun Razak Exchange (“TRX”), formerly known as Kuala Lumpur International Financial District (KLIFD), is a development to create one of the most liveable financial districts in Asia. It is being built upon 70 acres of prime real estate in Kuala Lumpur, Malaysia, and will feature office spaces complemented by world-class residential, retail and leisure spaces with the concept of a unique work-live-play experience.

The Tun Razak Exchange is described to be designed with the future in mind and will incorporate technologies including district-wide digital connectivity, enhanced energy, water and waste management systems, and e-services in residential and commercial properties.

The project is seen as a strategic priority by Malaysian Prime Minister Najib Razak who assembled a special task force led by the Minister in charge of the Economic Planning Unit to assist with facilitating investments and business operations. Several government incentives including income tax exemptions, stamp duty waivers and cost rebates have been introduced to attract international corporations and expedite the process of setting up businesses within TRX. The district is expected to attract 250 global financial services companies and create 40,000 skilled and knowledge-based jobs.