Govt working on Forest City project ownership guide


Prospective buyers look at a model of the development at the Country Gardens' Forest City showroom in Johor Baru on Feb 21, 2017. – Reuters/Edgar Su

SEMENYIH: Malaysia will have clearer guidelines on foreign ownership in the multibillion-ringgit Forest City project, says Housing and Local Government Minister Zuraida Kamaruddin.

She said her ministry would be holding a meeting with the Forest City developer, the state government, Iskandar Regional Deve­lop­­ment Authority and local authorities tomorrow to understand more about the project.

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