ANOTHER mixed development project will rise in Johor’s Iskandar region, a joint project between Chinese state-owned Greenland Group and Iskandar Waterfront City.
The RM3 billion (US$830.9 million) Tebrau Bay Waterfront City development will occupy the eastern flank of Johor Bahru, spanning Tebrau Bay to Pasir Gudang, according to Singapore broadsheet The Straits Times.
The paper reported that the first phase will see a snow world theme park, an opera house, a hospital with a traditional Chinese medicine niche, and a school.
Development will take 15 years.
Besides Tebrau Bay Waterfront City, Greenland has tied up with Iskandar Waterfront Holdings for an integrated property project in Danga Bay, also in Iskandar.
