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|SUNWAY invests another RM$745 million in Iskandar|
|Tuesday, 20 December 2011 11:01|
SUNWAY invests another RM$745 million in Iskandar
... with the acquisition of two parcels of leased land worth RM745.3mil in Medini Iskandar in a joint venture with Khazanah. The gross development value is RM$12 billion.
Zone F Medini about 10 minutes from Singapore via the Second Link Expressway and 25 minutes from the Senai International Airport and in the vicinity are Legoland Malaysia and Pinewood Iskandar Malaysia Studios, which are expected to be completed by 2012 and 2013 respectively.
Sunway has established its presence in Iskandar through its construction division which is undertaking three major construction jobs in Iskandar Malaysia, including Legoland, Pinewood Iskandar Malaysia Studios and the Central Utilities Facility at the Bio-XCell biotechnology park.
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