For­est City town­ship de­vel­op­ment

The Star Malaysia - Star2 - - DAULAT TUANKU SULTAN JOHOR -

> It re­ceived a ma or boost hen the Fed­eral govern­ment granted the four man- made is­lands duty free sta­tus ear­lier this month. > Apart from duty- free sta­tus, the four is­lands de­vel­oped by the com­pany from China also has lee ay in for­eign o ner­ship and does not have to com­ply ith the re­quire­ments to build lo - cost homes. > The de­vel­oper has mapped out a mas­sive plan that is es­ti­mated to gen­er­ate a gross de­vel­op­ment value of rM 50bil for the en­tire pro ect.

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