Welcome to Forest City Enterprises, a groundbreaking joint venture between Country Garden Group and Esplanade Danga 88 Sdn Bhd (EDSB). This visionary project aims to redefine urban living by creating a smart and green futuristic city that seamlessly blends technology, sustainability, and an exceptional quality of life. This blog post will delve into the unique features of Forest City, the opportunities it presents for industries, and its potential to drive economic growth in the ASEAN region.
A smart and green futuristic city
Forest City stands apart from traditional developments with its innovative approach. Comprising four man-made islands spanning 30km², this modern metropolis showcases cutting-edge technology, energy-efficient buildings, and a commitment to meeting green standards. The result is a low-carbon, sustainable community that harmoniously coexists with nature while offering a high-quality urban lifestyle.
Opportunities for industries
Forest City offers a fertile ground for businesses to thrive. Pro-business policies and government incentives exclusive to this unique enterprise create an ideal environment for industries to establish their operations. Recognizing the immense potential, key players from various sectors have already made commitments to be part of this dynamic ecosystem. This influx of industries will further propel regional economic growth, bolstered by the consolidation of the ASEAN community and China’s ambitious “Belt and Road” initiative.
Stimulating economic growth
Situated within the Iskandar special economic zone and strategically positioned as a gateway connecting Singapore and Malaysia, Forest City holds significant economic significance. Its location at the heart of ASEAN, the world’s seventh-largest economic bloc, offers unparalleled access to a massive market opportunity. With a population exceeding 600 million, a growing middle class, and expanding consumption power, the region presents a promising landscape for businesses. Forest City’s development is poised to attract spillover industrial opportunities, contributing significantly to the region’s economic growth and creating new markets for infrastructure development.
Conclusion
Forest City Enterprises represents a landmark collaboration between Country Garden Group and Esplanade Danga 88 Sdn Bhd, poised to shape the future of urban living. With its smart and green futuristic city concept, Forest City offers an ideal blend of technology, sustainability, and community. The pro-business environment and government incentives attract key industries to set up operations here, while stimulating economic growth in the ASEAN region. As Forest City takes shape, it stands as a testament to the potential of harmonizing innovation, environmental consciousness, and economic prosperity in our cities.
