Tag Archives: isdr

More Giant Project Development in Danga Bay / Lido Johor Bahru [13 Photos]

22 Aug

Pantai Lido / Danga Bay, August’11; There will be giant project coming up to Pantai Lido / Danga Bay area. This project mainly include:

Super-Condominium

– Culture Center

– Lido Recreation area along the Pantai Lido

Let’s see the photo below for details.P1000855

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Medini City, Another Iskandar Malaysia Metropolis [27 Photos]

27 Apr

Iskdandar Malaysia Johor, April’11: Another Update of Medini City in Iskandar Malaysia.

Source: http://www.skyscrapercity.com ; http://www.medini.com.my 

Medini is set to be a 920ha international mixed-use urban development, located on prime greenfield land in the heart of Nusajaya, Johor.
Comprises of:
– 146ha International Financial District (IFD) set to be the world-class hub of Islamic Finance in Southeast Asia, with the presence of international financial institutions, banks and corporations. To be developed by Millennium.

– the Lifestyle and Leisure Cluster is headed by Mubadala, whose plans include the development of 496ha of land into a City Centre, Golf Village, Medical and Wellness Village, Amusement Bay and a Residential District.

– Creative Cluster (249.6ha) which will include the Heritage District, Creative Park and Logistics Village. CCSB will undertake the development.

The Developer: Iskandar Investment Bhd (IIB) ; Ms Arlida Ariff (managing director) / Tan Sri Azman Mokhtar (IIB chairman)

Partners in the development – Rim City Sdn Bhd (RCSB), Cultural Cluster Sdn Bhd (CCSB, Mr Ali O. Al-Ghannam, Chairman of CCSB ) and Mubadala Development Company (Mubadala, Mr John Thomas (representative)), with the latter leading a consortium called Global Capital comprising other well-known industry players ALDAR Properties PSJC (ALDAR, John Bullough, Chief Operating Officer of ALDAR) and Millennium Development International (Millennium, Country Director: Mr Richard Polkinghorne).

CCSB is a special purpose vehicle which is majority-owned by Al-Nibras 2 Limited, a Labuan-based private fund company managed by Kuwait Finance House (Labuan) Bhd (KFHLB).

The other shareholders are Khazanah, the government investment authority of Malaysia and the parent company of IIB, and Jumeirah Capital.

IIB holds a 30 per cent stake across these collaborations in the Medini development.
When The development is expected to bring in gross development value (GDV) in excess of US$20 billion (RM69.6 billion) over a period of 15 to 20 years.

 

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Iskandar Project Update–Overview Video (Apr’11)

23 Apr

Iskandar Malaysia, April: An sharing of short overview of Iskandar Malaysia Project as at 21/4/2011. Most of the projects are under construction and some are near completion. Status are as follow:

1. Kota Iskandar = Completed. It’s a Johor State Government administration building with most of the government’s department in it.

2. Puteri Habour = Completed. Now another hotel (under construction) and shopping mall (planned) are built next to it.

3. Educity = Partially completed. (Marlborough & New Castle)

4. Legoland = under construction. It’s about 50% completed (estimated)

5. Medini = under construction. The biggest project in Iskandar Malaysia, now estimated 50% complete. It will be the largest city in Iskandar Malaysia.

6. Industrial Park = all are ready. They are Nusa Cemerlang, SiLC & Setia Business Park. More phases coming up as well.

7. Columbia Hospital = ready and open for business

8. PTP (not in Video) = ready and open

9. Shopping Malls = AEON Bukit Indah, TESCO Bukit Indah, Giant Nusa Bestari, Iskandar Lifestyle Mall (under construction), Kulai (by Genting group).

10. Housing Estate = Nusajaya, Nusa Idaman, Nusa Bayu, Bukit Indah, Horizon Hills and much more.

The above update just partially from Iskandar Malaysia. Some others like Danga Bay, JB City, Pasir Gudang, Permas Jaya and others were not stated. More updates coming later in super325.wordpress.com.

Johor update : 6 billion investment added to Iskandar project

22 Mar

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