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Showing posts from January, 2017

Chinese Investor's Choice in Malaysia Forest Park Investment, has it become an election campaign issue ?

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         In the run up to the  most anticipated and contested next elections, newly launched opposition party Bersatu set its agenda clear, to regain Malaysia for all Malaysians. The recent massive trade and investment deals with China, worth RM144B (HK$250B) was questioned by Dr. Mahathir on how,’ Prime lands in Kuala Lumpur, Johor, Malacca and Penang are sold to foreigners ? These sales of  land are shown as FDI or Foreign Direct Investments to the country ! Alerting the public to these sale  part of Malaysian territory to foreigners has raised a storm and war of words between Dr. Mahathir, the Johor Royalty a stakeholder and the Johor government. The RM443 billion Forest Park Project is a massive City Project in Johor, set to begin construction in Febuary 2017 . It has plans to expand territory to build four artificial islands besides land, house 700,000 people along with building office towers, parks, hotels, shopping malls and an international school. The Chinese

Chinese Investment Lessons for Malaysia

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                     The tussle between the ruling and opposition parties have began in an anticipated announcement of an election.  The opposition party Bersatu claim of a sellout of Malaysia to China is serious one, considering the political ramifications in its historical race based society. The colossal RM144 Billion investment and trade deal with China is a rescue plan for PM Najib in creating jobs, infrastructure and growth in a falling ringgit economy.  Some of the projects are beginning to take off but not without local criticism and controversy, like the Forest Park Project raising questions of foreign ownership of  Malaysian land or the building of a third huge port at Klang without a feasibility report to support the need when two other ports operate on the same location. Fears are also raised in the use of another huge port project planned to be built by the Chinese on east coast.  Little is understood of the implications of what lies ahead in being a part