Forest City SFZ incentive packages will likely lure international capital

KUALA LUMPUR: The incentive packages for Forest City (FC) Special Financial Zone (SFZ) will likely lure international capital to FC - especially high-net-worth individuals (albeit perhaps not the ultra-rich segment) - in the region.

RHB Investment Bank Bhd (RHB IB) said the government’s intention to revive FC is very clear, adding that the incentive packages will also attract interest from local asset management companies, financial institutions and high-net-worth individuals.