Gerbang Nusajaya Explained

Gerbang Nusajaya is a township in Iskandar Puteri, Johor, Malaysia.[1] The site is the second phase of development of Iskandar Puteri and is being developed over a 25-year period by Malaysian firm UEM Sunrise Berhad.[2]

Major projects in Gerbang Nusajaya include a Science park, a motorsports hub, and mixed commercial and residential properties.

The development is expected to house a population of 220,000 and to create 76,000 direct and 137,000 indirect jobs.[1] The proposed Kuala Lumpur–Singapore high-speed rail Iskandar Puteri HSR Station will be built here.

Nusajaya Tech Park

In October 2012 Singapore's Ascendas Land International Pte Ltd and UEM subsidiary UEM Land Holdings set up a 60:40 joint venture to develop a $1.2 billion 519-acre industrial park in Nusajaya.[3] The park will be developed in three phases over nine years and will host 34,000 businesspeople across electronics, pharmaceuticals, food processing, engineering, FMCG and logistics.[4] It is due for completion in 2023.[5]

In March 2015 Telekom Malaysia Berhad partnered with Nusajaya Tech Park Sdn Bhd to develop a data centre, ICT infrastructure and smart services on the site.[6]

FASTrack Iskandar

In December 2012 it was announced that Singapore firm FASTrack Autosports Pte Ltd and UEM Land Holdings would develop a RM3.5 billion motorsports hub in Gerbang Nusajaya, due for completion in 2016.[7] The central feature of the hub is a $100 million 4.5 km F1-grade circuit designed by German racetrack designer Hermann Tilke.[8]

Mixed property

In February 2014 UEM Sunrise and Malaysian plantation firm Kuala Lumpur Kepong Berhad (KLK) announced a RM5 billion joint venture to develop residential and commercial property on 500 acres of land in Gerbang Nusajaya.[9]

Notes and References

  1. News: Whang . Rennie . 10 April 2015 . UEM ramps up Nusajaya development . https://web.archive.org/web/20150413071638/http://business.asiaone.com/news/uem-ramps-nusajaya-development . dead . April 13, 2015 . . 10 September 2015.
  2. News: Khoo . Lynette . 9 April 2015 . UEM Sunrise unveils phase two of Nusajaya development . . 10 September 2015.
  3. News: . S'pore, Malaysia govt firms agree $1.2 bln Iskandar project . . 23 October 2013 . 10 September 2015.
  4. News: . Gerbang Nusajaya to see more launches in 2013 . The Edge Property . 10 May 2013 . 10 September 2015.
  5. News: Noor Shams . Hafiz . 28 July 2015 . Malaysia grabs Singapore’s industrial overspill . .
  6. Web site: Malaysia's TM, Nusajaya Tech Park to build data centre in Johor . . 27 March 2015 . Commercial Guru . PropertyGuru . 10 September 2015.
  7. Web site: Motorsports hub to open in Johor . Say Heng . Lim . 7 December 2012 . AsiaOne . Singapore Press Holdings . 10 September 2015.
  8. Web site: F1 circuit for Johor . . 21 January 2015 . . MToday News . 10 September 2015 . 10 May 2015 . https://web.archive.org/web/20150510041903/http://www.freemalaysiatoday.com/category/sports/2014/01/21/f1-circuit-for-johor/ . dead .
  9. News: Loh . John . 8 February 2014 . UEM Sunrise, KLK in RM20bil joint Iskandar venture . . 10 September 2015.