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Facility Improvement Programme

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Facility Improvement Programme * v004 History of Sepang International Circuit The state-of-the-art circuit was launched in March 1999 by the former Prime Minister Tun ... – PowerPoint PPT presentation

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Title: Facility Improvement Programme


1
Facility Improvement Programme
2
  • History of Sepang International Circuit
  • The state-of-the-art circuit was launched in
    March 1999 by the former Prime Minister Tun
    Dr. Mahathir Mohamad.
  • Designed by renowned F1 track designer Hermann
    Tilke.
  • The First modern circuit built in SE Asia and
    became a benchmark to other new cicruits such as
    Shanghai, Bahrain and Turkey.
  • With a length of 5.543 km, the track features 15
    turns and 8 straights with access speeds of more
    than 300km/h. The track allows ample
    opportunities for overtaking, to ensure a race
    full of suspense and thrill.
  • The track can accommodate up to 130,000
    spectators at a time. The Main Grandstands and 18
    air-conditioned Corporate Suites have a capacity
    of 32,000. While Grandstands K and F can fill up
    to 18,500 spectators facing, turns 1 and 7
    respectively.
  • The circuit first hosted Formula One World
    Championship and Motorcycle World Championship in
    1999.

3
  • What is it?
  • Facility Improvement Programme
  • Is a grant funding scheme of up to 200,000 or
    around 75 per project for professional fees to
    establish a project Master Plan
  • Provides project grant funding to the FIA ASN or
    project it supports
  • The grant is provided as services by the
    Facilities Advisory Partner
  • Is conditional on a project contributing 25 to
    the professional fees
  • Is awarded annually to projects that successfully
    apply and qualify

4
  • Consultant team comprises of
  • Apex Circuit Design Ltd (The FIA Institute
    Facilities Advisory Partner)
  • Motorsport design, master planning design and
    operations consultancy
  • Ridge and Partners LLP
  • Cost consultancy and architectural design
    services
  • Scott Wilson PLC
  • Civil and Environmental engineering design
  • KPMG
  • Business services consultancy
  • Sustainable Hospitality Group
  • Sustainable operations consultancy
  • The FIP Master Plan Report provides great
    credibility in attracting serious interest for
    investment opportunities and Foreign Direct
    Investment.

5
  • Objective and status of FIP
  • In line with SICs Vision and Mission statement
    Position SIC as a multi-faceted venue and one of
    the countrys and regional top destination for
    motorsports and entertainment.
  • Focus is to make SIC commercially sustainable and
    independent by 2015
  • Facilities Improvement Programme concluded in
    December 2010
  • The Master Plan is currently underway with the
    Industrial Zone as Phase 1.
  • Commercial feasibility assessment produced
    positive results.
  • Strategy for the development identified is in
    line with the Malaysia Government Economic
    Transformation Programme

6
FIA Institute Facility Improvement Programme
Methodology
Project start
Vision Plan
Detailed Design
Commercial Module
Master Plan
Public/Private investment
Client funded
Approx 75 FIA Institute Grant / 25 Client
contribution
7
Industrial Units
  • Industrial Units
  • Site A 45 units, each 5000 ft2 GFA
  • Site B 37 units, each 5000 ft2 GFA
  • Constructed and leased by SIC

8
Main Circuit Refurbishment and Upgrades
  • 5.542 km International Circuit
  • Primary Paddock pit building roof repair and team
    building construction
  • Secondary paddock upgrades
  • Main circuit floodlighting

9
Driver Training Facility
  • Driver training facility
  • Tests and training disciplines include
  • Emergency stop test
  • Slalom test
  • Low friction bend
  • Friction circle

10
Kart Circuit
  • 1.2 km International kart circuit
  • Upgraded circuit, two 600m permutations for use
    simultaneously
  • Upgraded circuit buildings
  • Enlarged paddock area for use during AAM
    sanctioned events

11
Factory Outlet Centre
  • Factory Outlet Centre (FOC)
  • 36,000 m2 of discount designer outlets
  • Constructed over two phases
  • Direct road frontage and visibility

12
Hotel Complex
  • Hotel Complex
  • 69,000 m2 site with 14,000 m2 GFA
  • 200 rooms
  • Pool and conference facilities
  • Highest points of the site
  • Excellent road frontage and visibility

13
Education Facilities
  • Tertiary/Vocational Educational Facilities
  • Technical and non-technical subjects
  • Access to the main circuit and driver training
    facility
  • Vocational and Tertiary campus
  • Close to on-site business

14
Sport Centre
  • Sports Centre
  • Golf driving range, swimming pool, fitness suites
    and sports halls
  • Several attractions Low land cost
  • Internal air conditioned links to plaza and
    educational facility

15
Country Club
16
Plaza
17
National Vehicle Research Centre
  • National vehicle test/research centre
  • National automotive centre of excellence for
    safety and research
  • Business park with main circuit and its paddock
    facilities
  • Vehicle crash testing
  • Engine testing
  • Aerodynamic studies
  • Materials testing
  • Dynamic vehicle testing

18
Upgraded Road Network
  • Road Network
  • Upgraded highway junctions running adjacent to
    the site on its North and West borders
  • Site road network upgrades to allow easy
    traversal between facilities for visitors, staff,
    race teams and lease holders
  • Proposed one way system for major events

19
Motocross
  • Motocross
  • Relocation of existing motocross facility
  • Developed paddock areas, parking and welcome
    centre

20
THE MASTER PLAN
21
Commercial Returns of Combined Projects
  • SIC Projects
  • Privately Funded
  • Nett revenue of up to 5.2 times current income.
  • Returns on Investment as low as 2.1 years to a
    maximum of 4 years (conservative).
  • Increased best practices for daily operations
    leading to productive outputs (qualitative and
    quantitative).
  • Environmental sustainability infused within all
    projects.
  • Alternative revenue models will be determined
    within the nature of each investor.
  • Minimum returns on pure land lease will
    contribute up to an additional 4.8 times current
    profits.

22
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