NUSAJAYA, Feb 19 (Bernama) -- Afiniti Medini and Avira wellness projects
in Medini Iskandar Malaysia will become the iconic landmark projects
that will not only benefit Malaysians and Singaporeans but also reflect
the growing stronger bilateral ties between the two neighbours, Prime
Minister Datuk Seri Najib Tun Razak said today.
Describing the projects as the beginning of a significant increase in
investments from Singapore, Najib said that with the support of the
Singapore government, the private sector in the republic would respond
positively towards relocating their investments or making new
investments in Iskandar Malaysia.
"During our bilateral discussions this morning, we stressed on the
importance of the industrial working group to meet on regular basis to
encourage investors from Singapore to relocate investment here as well
as for new investments to take place here in Iskandar.
"Iskandar has many attractions as you know. The success of Iskandar had
exceeded the regional plan and I am confident that with the support of
the Singapore government, the private sector will respond very
positively," he told a joint media conference with Singapore Prime
Minister Lee Hsien Loong after the ground-breaking for the two projects.
Lee said the Malaysian government had shown a lot of commitment and
drive in developing Iskandar Malaysia where a lot of investment have
come in including a significant amount of the investments from
Singapore.
"I believe there is a lot of potential because from Singapore's point
of view we are developing. At the same time, there are a lot of
spillovers of what Singapore companies want to expand or companies which
want to come to Singapore but can't quite fit in Singapore and I think
Iskandar offers prime opportunities for them," he said.
"As long as the Malaysian government link-up Iskandar with Singapore,
there could be good prospects from Singapore's point of view. We are
very happy that it is going to succeed," he said.
He hoped that the wellness development project would become an "oasis"
to the people not only from Malaysia and Singapore but also from all
over the region to recharge their "batteries" to enjoy and to absorb the
spirit of wellness.
Afiniti Medini, an urban wellness project, will be a regional
destination for families, tourists and professionals looking to combine
wellness, retail and hospitality experiences as well as corporate
training needs in a holistic package.
Avira, a resort wellness project, will provide residents an alternative
to the hectic lifestyle in busy cities where they enjoy a retreat-like
lifestyle all year-round, surrounded by tranquility and lush greenery,
with wellness at the heart of the 85 hectares development.
The Afiniti Medini involves a RM300 million investment while Avira entails RM350 million.
Afiniti Medini is developed by Pulau Indah Ventures Sdn Bhd, a 50:50
joint venture between Khazanah Nasional and Temasek while Avira is
developed by Nuri Merdu Sdn Bhd, a 50:50 joint venture between Pulau
Indah Ventures and Eastern & Oriental Bhd.
(Source: Bernama)
No comments:
Post a Comment