Iskandar Investment Berhad, Johor Bahru
Without doubt, Iskandar Malaysia has emerged as one of the most anticipated development in Malaysia, especially the Johoreans. Located in Johor, the southern gateway to Peninsular Malaysia and just north to Singapore, Iskandar Malaysia economic region is just six to eight hours flight radius from Asia’s burgeoning growth centres such as Hong Kong, Bangalore, Seoul, Shanghai, Dubai, Taipei and Tokyo, and within reach of a global market of some 800 million people.
One of the most grand future attraction will be the establishment of Lego Land which is said to be going to be ready in a few years time. That will be predicted as the most awaited excitement and tourist destination.
Accessible by air, land, rail and sea, it is flanked by three major ports, the Pasir Gudang Port, Port of Tanjung Pelepas and Tanjung Langsat Port. Due to its strategic location, accessibility to leading Asian cities, proximity to some of the world’s most rapidly growing and important economies, and a range of attractive fiscal incentives, Iskandar Malaysia is poised to attract an exciting influx of foreign and high-level corporate investments as discerning investors look to benefit from its many advantages and high growth potential.
The special economic zone grew out of a 2005 government requested feasibility study by the Khazanah Nasional which found that the development of such a zone would be economically, socially and developmentally beneficial.
Flagship Zones
Johur Bahru City Centre is Flagship Zone A, including development of a new financial district, the central business district, the waterfront city of Danga Bay, a mixed development in Tebrau Plentong and the Malaysia/Singapore Causeway.
Flagship Zone B is Nusajaya, with planned development of the new Johor state administrative centre, a medical hub, an “educity”, a resort for international tourism and an industrial logistic cluster and Residence Horizon Hills, Bukit Indah.
Flagship Zone C, the Western Gate Development, focuses on the Port of Tanjung Pelepas (PTP), providing a second transportation link for Malaysia/Singapore, a free trade zone, the RAMSAR World Heritage Park and the Tanjung Piai.
Flagship Zone D, the Eastern Gate Development, focuses on the Pasir Gudang Port and industrial zone, Tanjung Langsat Port, the Tanjung Langsat Technology Park and the Kim-Kim regional distribution centre. In the final Flagship Zone, Senai-Skudai, development is focused on the Senai International Airport, hubs for cargo and knowledge, a multimodal centre and the MSC Cyberport city.
Reference: http://seoulbuffoon.blogspot.com/2010/09/interview-ms-arlida-ariff-president-ceo.html
Photo credited to: http://www.iskandarmalaysia.com.my/transportation-in-iskandar-malaysia
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