Relocation deal protects traders' livelihoods in Setapak Jaya redevelopment

KUALA LUMPUR — A total of 98 traders operating from the Seri Semarak Small and Medium Industry (SMI) premises in Setapak Jaya will be relocated as part of an urban redevelopment initiative, according to officials overseeing the project. The relocation arrangement has been structured to mitigate the economic impact on affected business operators, ensuring continuity of their commercial activities during the transition period.

Authorities have emphasised that the relocation deal incorporates measures designed to protect traders' livelihoods as the demolition proceeds. The plan addresses concerns raised by affected business owners regarding disruption to their operations and loss of income during the transition to new premises.

The Seri Semarak SMI complex has long served as a hub for small and medium-sized enterprises in the Kuala Lumpur area. The redevelopment project reflects broader urban renewal efforts in the capital, though such initiatives typically generate concerns among displaced traders about relocation costs and business viability in new locations.

Official statements indicate that consultations with affected traders have informed the design of the relocation framework, though specific details regarding timeline, new venue locations, and financial support mechanisms have not been fully disclosed. Authorities are expected to release further information about implementation arrangements in coming weeks.