Major Chinese projects

An artist's impression of Forest City (above). Kuala Langat Power Plant (right) is among the assets sold by 1MDB.
An artist's impression of Forest City. Kuala Langat Power Plant (above) is among the assets sold by 1MDB. PHOTOS: COUNTRY GARDEN PACIFICVIEW, REUTERS
An artist's impression of Forest City (above). Kuala Langat Power Plant (right) is among the assets sold by 1MDB.
An artist's impression of Forest City (above). Kuala Langat Power Plant is among the assets sold by 1MDB. PHOTOS: COUNTRY GARDEN PACIFICVIEW, REUTERS
Updated
Jan 20, 2016, 05:01 AM
Published
Jan 20, 2016, 05:00 AM

•China General Nuclear Power takes over 1MDB's energyassets under Edra GlobalEnergy for about RM17 billion (S$5.6 billion).

•China Railway Engineering buys 24 per cent of Bandar Malaysia, a 197ha township at Kuala Lumpur's edge. The stake comes in at about RM3 billion, before development costs.

•Chinese firms have several big projects in Johor's Iskandar region, including Country Garden Holdings, which is reclaiming land off Tuas for residential project Forest City. Guangzhou R&F Properties paid RM4.5 billion for 47ha of land.

•Xiamen University has begun enrolment for its first overseas campus in Sepang, Selangor.

•Guangxi Beibu Gulf International Port Group will spendRM8 billion to deepen themain port in Pahang andbuild an industrial park.

•At least one big railway upgrading project is expected to be awarded to a Chinese firm soon.

Shannon Teoh

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A version of this article appeared in the print edition of The Straits Times on January 20, 2016, with the headline Major Chinese projects. Subscribe

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