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Forest City, Johor

Coordinates: 01°20′10″N 103°35′29″E / 1.33611°N 103.59139°E / 1.33611; 103.59139
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Forest City
Forest City
Flag of Forest City
Official logo of Forest City
Forest City is located in Malaysia
Forest City
Forest City
   Forest City in    Malaysia
Forest City is located in Asia
Forest City
Forest City
Forest City (Asia)
Forest City is located in Earth
Forest City
Forest City
Forest City (Earth)
Coordinates: 01°20′10″N 103°35′29″E / 1.33611°N 103.59139°E / 1.33611; 103.59139
Country Malaysia
State Johor
DistrictJohor Bahru
Government
 • BodyIskandar Puteri City Council
Time zoneUTC+8 (MST)
 • Summer (DST)UTC+8 (Not observed)
Postal code
80xxx to 81xxx
Area code(s)07
Vehicle registrationJ
Websitewww.forestcitycgpv.com
Forest City Phoenix International Marina Hotel

Forest City Johor is an integrated residential development located on the slopes of Gelang Patah, Johor Bahru District, Johor, Malaysia on 1,370 hectares. Announced in 2006 as a twenty-year project, the project was pitched under China's Belt and Road Initiative.[1] Opened by former Prime Minister of Malaysia Najib Razak and approved by the Sultan of Johor, Sultan Ibrahim Ismail.[2] Forest City in Johor is in partnership with Esplanade Danga 88, an affiliate of the Johor People's Infrastructure Group (KPRJ), through a joint venture, Country Garden Holding Ltd (CGPV), with CGPV hold 60 percent of the meanwhile KPRJ holds 40 percent shareholding.[3]

Forest City is under the management of the Iskandar Puteri City Council and under the Iskandar Regional Development Authority.

On 4 September 2018, Prime Minister Mahathir Mohamad said foreigners "can buy the property, but we won’t give them visas to come and live here".[4][5] As of November 2019, 500 residents occupied the city, out of a total occupancy of 700,000 residents.[6]

Location

Forest City is located in Tanjung Kupang Village next to Tanjung Pelepas Port, within the Iskandar Malaysia Special Economic Zone (SEZ) in southern Johor, the City comprises four man-made islands.

Forest City was originally a mangrove swamp populated by locals who worked as farmers and fishermen in Kampung Tanjung Kupang.

Types of access

See also

References

  1. ^ Bloomberg News (23 June 2017). "The $100 Billion City Next to Singapore Has a Big China Problem". Bloomberg. Retrieved 2020-06-12.{{cite web}}: CS1 maint: url-status (link)
  2. ^ "Malaysia's Forest City to hand over more than 20,000 residential units this year as it unveils new golf course". South China Morning Post. 9 Sep 2019.
  3. ^ "Forest City, Country Garden Pacificview". 13 April 2017.
  4. ^ "Foreigners can buy Forest City units, but will not be issued residential visas: Mahathir". The Straits Times. 2018-09-05. Retrieved 2020-06-12.{{cite web}}: CS1 maint: url-status (link)
  5. ^ "Malaysia says committee to study Forest City project". Reuters. 2018-08-28. Retrieved 2020-06-12.
  6. ^ Saha, Sagatom. "Chinese Companies Are Worse at Business Than You Think". Foreign Policy. Retrieved 2020-06-12.