Saturday, February 24, 2007

Another development of Wilayah Pembangunan Iskandar

Yesterday was very interesting indeed for Nusajaya development and WPI as a whole. Our beloved PM has officiate another round of promotion and insentive for WPI. NST put them in front page. I am very-very interested in few portions:
NST on 24th Feb wrotes:
Abdullah said one of the key recommendations of the advisory council was swift and easy processes — that Iskandar welcomes professionals, top business managers and industry experts from around the globe with minimum red-tape.
"We must allow the free flow of top brains from around the world if Iskandar is to take off in
a big way. This is something the government will take up seriously," he said.
Very interesting commitment from government, especially words "... if to take off in a big way". What he means by that?
NST Wrote:
He said some RM20 billion in concrete development plans had already been committed, including one by an integrated waterfront development company — Kota Selat Tebrau Sdn Bhd — which would be developed over 1,822ha of land.
Another waterfront city development? what happen to the existing one? What happen to other fews development that have been scrap and left midway?
NST wrotes:
Iskandar is expected to draw some RM47 billion in investments over the next five years, which in turn is expected to sustain gross domestic product growth in Johor at eight per cent per annum until 2010.
RM10b investment every year? What a great dream! Internal or external investment? Ohh I did remember, Kulai CyberPort (Johor's MSC City) only expect RM100Million investment from 100 companies during first year of operation.
NST Wrotes:
A concerted plan of action would also be set into motion soon to develop top-range healthcare, educational, financial and information and communication technology services and industries.
What kind of industries? Everything under the sky or anything to support hi-tech industries in Singapore? Do you sincere believe serious investor will choose JB over Singapore, when we only committed to become "supporting roles" to Singapore, as stated by Khazanah representative during WPI launches few months back!

Anyway, budakjb pray for the success of WPI. Another mega project by Pak Lah.

p.s: Who said Pak Lah doesn't like mega-mega project?

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