Forest City

enclave

Cost

$100b
$100,000,000,000

operational

2016

Description

Development of a large mixed-use city on four planned artificial islands off Tanjung Kupang in southern Johor. The project combines land reclamation, housing, commercial and office space, hotels, schools, leisure facilities, roads and supporting urban infrastructure. Only Island 1 has been substantially reclaimed and developed; the remaining masterplan is incomplete. Forest City has subsequently been repositioned as a duty-free island and Special Financial Zone.

Finance

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$150m loan
Bank of China
Bank
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$4.3b investment
Country Garden
Company
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