Menteri Besar Datuk Onn Hafiz Ghazi: “It will aim to attract strategic investments from RCEP member countries by focusing on high-value sectors, such as advanced manufacturing, green technology and the digital economy.”
Public Investment Bank Bhd (PublicInvest) views Eco World Development Group Bhd's (EcoWorld Malaysia) RM572.8 million land acquisition in Negri Sembilan as fair, representing about 19.4 per cent of the proposed industrial development's total gross development value (GDV) of RM2.95 billion.
The industrial park, to be named Eco Business Park VII (EBP VII) is to be developed over nine years. It will feature industrial lots, ready-built factories, and commercial properties tailored to high-growth sectors, including those in the aerospace, electrical and electronics, logistics, and biotechnology industries.
"As we reevaluate our remaining land bank potential, this divestment and monetisation strategy sets the groundwork for substantial technological, economic and community advancements in Johor.”
The gas pipeline explosion in Putra Heights is expected to cause a temporary decline in property demand and prices, particularly in areas closest to the disaster site, said an expert.
Asian Pac Holdings will purchase the Section 14 shopping mall through its wholly owned unit, Primadana Utama Sdn Bhd.
“The principles of land valuation, compensation calculations, and the legal framework governing land acquisition must be reviewed to reflect current market trends,” said Prof Dr Ismail Omar in the forum.
