Forest City
Ghost town · Malaysia
- Abandoned
- unknown
- Founded
- —
- Population
- —
- Coordinates
- 1.338, 103.589
Why it was abandoned
❔ Cause unknown
Open sources don't name a cause. If you know it, add it to Wikidata or Wikipedia.
History
Forest City is an integrated property development and special financial zone (SFZ) in Iskandar Puteri, Johor, Malaysia. It is located on reclaimed land in the southwestern part of Johor Bahru District, the second largest district in Malaysia by population. It was first announced in 2006 as a twenty-year investment project mostly financed by Chinese developer Country Garden, pitched under the Belt and Road Initiative. It was officiated by then Prime Minister of Malaysia Najib Razak in 2016, with the approval of the Sultan of Johor, Sultan Ibrahim Ismail. Forest City is a joint venture between Esplanade Danga 88, an affiliate of state government subsidiary Kumpulan Prasarana Rakyat Johor (KPRJ), and Country Garden Holding Ltd (CGPV), with CGPV holding 60 percent of shares, while KPRJ holds the other 40 percent.