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(Opinion) The China Factor in Malaysian Politics

2017-01-24 09:25:01       source:IPP Review

January 23, 2017


"A public spat between former Malaysian Prime Minister Mahathir Mohamad and the Sultan of Johor has drawn China into a dangerously racialized political dispute in Malaysia. The spat concerns Forest City, a massive USD 100 billion real estate project that is being constructed in Johor Bahru, capital of the southern Malaysian state of Johor. This project is developed by Country Garden Pacific View, a joint venture between Country Garden, a Chinese developer, and a local developer with an ownership stake held by the Sultan of Johor.  


Forest City, which is being built on four artificial islands, will eventually 'house 700,000 people on an area four times the size of New York's Central Park,' and will also have 'office towers, parks, hotels, shopping malls and an international school.' It is just one of almost 60 real estate projects in Johor's Iskandar Malaysia special economic zone — an area three times the size of Singapore — which has attracted significant foreign direct investment (FDI) from Chinese developers like Country Garden (Lim, 2016; Mahrotri and Choong, 2016). "


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http://www.ippreview.com/index.php/Home/Blog/single/id/336.html


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