Genting plans park in Johor
22 January 2010 , By The Star
Genting Bhd plans to build a theme park and hotel in Iskandar Malaysia in Johor, said head of strategic investments Datuk Justin Leong.
The company, Asia’s largest publicly-traded casino operator, is exploring the project through its plantation unit, Genting Plantations Bhd.
Genting Plantations is already working on a joint-venture project to develop a high-end shopping complex in Johor.
Leong made these comment in an e-mailed statement to Bloomberg News.
“The building of a theme park and hotel in Johor is part of a broader development plan that the Genting Group has for its operations in Iskandar Malaysia.
“The development plan will be subject to a detailed market feasibility study and is contingent to the successful development of the Johor Premium Outlets, the retail shopping project that the group is developing with US-based Simon Property Group Inc.” — Bloomberg
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