Thursday, 5 September 2013

Iskandar Malaysia

Iskandar Malaysia (IM), formerly known as Iskandar Development Region (IDR) and South Johor Economic Region (SJER) is the main southern development corridor in Johor, Malaysia. The Iskandar Malaysia was established on 30 July 2006.The project is administered by Iskandar Regional Development Authority (IRDA). The development region encompasses an area of 2,217 square kilometers covering the city of Johor Bahru and the adjoining towns of Pontian, Senai, Pasir Gudang and the construction of a new administrative capital in Nusajaya.

The special economic zone of Iskandar Malaysia grew out of a 2005 government requested feasibility study by the Khazanah Nasional which found that the development of such a zone would be economically, socially and developmentally beneficial. The National SJER Planning Committee (NSPC), hearing Khazanah's findings, put it in charge of developing a sustainable, holistic approach to development in the region. Iskandar Malaysia was singled out as among the high-impact developments of the Ninth Malaysia Plan,  it is envisaged to capitalize on its current synergies with Singapore as it aims to complement each other as an economic hub.

Under the plan, five "Flagship Zones" in the 221,634.1 hectares (2,216.3 km²) of land covered are identified as developmental focal points.

Flagship Zone A is Johor Bahru City Centre , including development of a new financial district, the central business district, the waterfront city of Danga Bay, a mixed development in Tebrau Plentong and the Malaysia/Singapore Causeway.

Flagship Zone B is Nusajaya, with planned development of the new Johor state administrative centre(Kota Iskandar), Iskandar Financial District at Medini, Afiat HealthPark, an "educity", tourist Attraction (Lego Land), SiLc and Residences at Bukit Indah.

Flagship Zone C, the Western Gate Development, focuses on the Port of Tanjung Pelepas (PTP), providing a second transportation link for Malaysia/Singapore, a free trade zone, the RAMSAR World Heritage Park and the Tanjung Piai.

Flagship Zone D, the Eastern Gate Development, focuses on the Pasir Gudang Port and industrial zone, Tanjung Langsat Port, the Tanjung Langsat Technology Park and the Kim-Kim regional distribution centre.

Flagship Zone E, Senai-Skudai, development is focused on the Senai International Airport, hubs for cargo and knowledge, a multimodal centre and the MSC Cyberport city.

Project in Flagship Zone B Nusajaya : D'Inspire Residence, Iskandar Putri , Puteri Cove Residences