JOHOR BARU: A multi-million ringgit auto city would be developed on a 32.37ha site within Gerbang Nusajaya, a integrated mixed development located near the Sultan Abu Bakar Customs, Immigration and Quarantine Complex (CIQ) at Tanjung Kupang in Gelang Patah.
UEM Group Bhd chairman Tan Sri Dr Ahmad Tajuddin Ali said among the components in the auto city project included showrooms for cars and related accessories, a racing circuit, retail outlets, entertainment and food and beverage outlets.
He said the project was among several new projects that would be launched or developed within one or two years.
UEM Land Holdings Bhd, which is part of UEM Group, is the master developer of the 9,308ha Nusajaya, the key driver of Iskandar Malaysia, which was launched on Nov 4, 2006.
Ahmad Tajuddin said Gerbang Nusajaya would also have a retail mall which would be unique and better than the Johor Premium Outlets.
Gerbang Nusajaya is divided into two parts, with a large parcel of land located on the left side of the CIQ (for motorists coming from Tuas in Singapore) and the other parcel on the right side of the complex.
UEM Land Holdings Bhd was still waiting for final approval to build the administrative complex to house the Federal Government's departments and agencies within Kota Iskandar, Ahmad Tajuddin told a press conference at the launch of Iskandar Malaysia Sustainability Summit 2012 yesterday.
He said “interest from investors towards Nusajaya in Iskandar Malaysia remains strong” with the momentum likely to continue in years to come.
Nusajaya had attracted interest from domestic and foreign investors despite uncertainties in the global economic growth, he said, adding that the completion of some catalytic projects within the Nusajaya development zone had reaffirmed its status as the key driver of Iskandar Malaysia.
Ahmad Tajuddin said among the notable projects included the Johor State New Administrative Centre's Kota Iskandar, Legoland Malaysia Theme Park, Puteri Harbour Indoor Theme Park and EduCity.
Nusajaya comprises eight catalyst developments Kota Iskandar, Southern Industrial and Logistic Clusters, Puteri Harbour Waterfront Development, EduCity, Medical City, International Destination Resort and Nusajaya Residences.
Nusajaya is one of the five flagship development zones in Iskandar Malaysia. The other four are the JB City Centre, Eastern Gate Development, Western Gate Development and Senai-Kulai.