Daily Industry News Update (15 March 2022)

China-backed Johor megacity project struggles to gain momentum

Malaysia is pushing to reopen its economy to the world after two years of coronavirus-related border closures, but a US$100 billion megacity spearheaded by a Chinese developer off the country’s coast near Singapore remains largely stuck in neutral.

NCT launches Ion Belian Garden with RM570m GDV

NCT Platinum Sdn Bhd, a subsidiary of NCT Group of Co marked the launch of Ion Belian Garden, a white knight development project located in Batang Kali, Selangor.