Putrajaya Holdings Sdn Bhd (PjH) has not set a deadline to complete a blueprint to attract foreign direct investments (FDI) to the federal administrative capital.

Chief executive officer Azlan Abdul Karim said the company has spoken with TRW Group, an international property investment and development group incorporated in Hong Kong, on a proposed collaboration to identify and secure FDI that would include a blueprint and an international investment campaign, adding that the PjH was “not in a hurry” and could possibly conclude the discussions “within four to six months”.

“We want the right mix of people to come in, who are serious in investing and not just speculating. There is a lot of work that we have to do with a third party, especially in identifying overseas clients.”

When asked on the possibility of selling more land in Putrajaya, Azlan said the company is in negotiation with several parties from the private sector.

“At the moment, we are in talks mostly with foreign investors. Locals like to ‘wait-and-see’ and by the time a decision is made, it’s too late,” he added.