Unlocking Potential: The Economic Benefits of Forest City’s Ambitious Development Plans
Forest City is a landmark development in real estate in Malaysia that is set to transform the real estate industry in the country. Spanning over four manufactured islands, with a total area of 30 km2, it is designed to be an innovative and sustainable city combining cutting-edge technology and a high-quality living environment.
Investment Opportunities
Forest City is the enterprise of Country Garden Pacificview Sdn Bhd, a joint venture between Country Garden Group and the Malaysian-government-backend Esplanade Danga 88 Sdn Bhd (EDSB), offering a range of investment opportunities, including residential, commercial, and industrial properties. The city is designed to cater to different needs, preferences, and budgets, making it an attractive destination for many investors. Additionally, Forest City is located in Iskandar Malaysia, a critical economic region in Malaysia, which offers a range of investment opportunities.
Job Creation
Forest City’s ambitious development plans are set to create many jobs in Malaysia. The project is expected to create over 220,000 jobs, both directly and indirectly, in construction, hospitality, and retail areas. It will significantly boost the Malaysian economy and contribute to sustainable economic growth.
Boost to Local Businesses
Forest City‘s development plans also boost local businesses in Malaysia. The project will create business opportunities for local companies, including suppliers, contractors, and service providers. It will help to stimulate the local economy and promote the growth of small and medium-sized enterprises.
Tourism
Forest City’s ambitious development plans are set to attract many tourists to Malaysia. The city is designed to be an innovative and sustainable destination that combines a high-quality living environment with cutting-edge technology and modern amenities. It will attract tourists from around the world and boost Malaysia’s tourism industry.
