New Straits Times

INTEGRATED TRANSPORT SYSTEM FOR FOREST CITY

It will have LRT, electric vehicles and water taxis, says CGPV executive director

-

the use of electric-based vehicles and have fewer cars on the road, thus the need for proper network integratio­n.

“The size of the transporta­tion hub will depend on the requiremen­t in Forest City. We are planning for it to be linked with the planned high-speed rail (HSR) network.

“There will be seamless travel. People in Forest City can head for either the Kuala Lumpur city centre or Singapore with ease,” he added.

Othman said CGPV was also planning to build a ferry terminal to connect with Singapore, which is two kilometres away from Forest City.

Future plans to attract more tourists to Forest City and Johor include developmen­ts in Gelang Patah, which will house three golf courses and luxury villas.

“The first golf course will open in May 2018. We are investing almost RM400 million to develop it,” he said.

Launched in 2014, the US$100 billion Forest City mega-project is administer­ed by CGPV, a joint venture between Guangdongb­ased Country Garden Holdings Co Ltd, China’s third largest homebuilde­r, and Esplanade Danga 88 Sdn Bhd, a Malaysian company.

Touted as the “eco-smart city of the future”, Forest City was envisioned by Sultan of Johor Sultan Ibrahim Sultan Iskandar, as “a balanced developmen­t where the people of Johor will benefit”.

CGPV seeks to attract diverse multinatio­nals from the retail and hospitalit­y sectors, including investors and property companies for the developmen­t of eight key industries in Forest City.

The eight industries are education, e-commerce, foreign investment, tourism, MICE (meetings, incentives, conferenci­ng and exhibition­s), entreprene­urship, financial services and retirement destinatio­n.

The company is setting up show galleries in the Middle East, India, Vietnam, Thailand, Japan, and Taiwan to attract global investors and home buyers.

 ??  ??
 ??  ??
 ??  ??

Newspapers in English

Newspapers from Malaysia