Bandar Malaysia set to take shape with funding


SINGAPORE: Malaysia is set to break ground on its largest real estate development, the multi-billion-dollar Bandar Malaysia project that will showcase the country’s growing economic ties with China.

Businessman Tan Sri Lim Kang Hoo, whose Iskandar Waterfront Holdings (IWH) secured rights in late 2015 as master developer of the project together with China Railway Engineering Corp (CREC), noted that the initial funding of RM10bil has already been lined up.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Bandar Malaysia , IWH

Next In Business News

Trump hikes US global tariff rate to 15%
The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer

Others Also Read