Wednesday, January 20, 2010

Genting plans Iskandar hub

The Johor hub is expected to help facilitate two-way visitor flows between its Resorts World Genting development in Pahang and its soon-to-open integrated Resorts World Sentosa. Genting group plans to set up a hub in Iskandar Malaysia, Johor, that will feature a mall with premium outlets in the first phase and, later, hotels and a theme park. The hub in Johor is expected to be a mid-way point to help facilitate two-way visitor flow between its Resorts World Genting development in Pahang and its soon-to-open integrated resort in Singapore, Resorts World Sentosa. The proposed project in Iskandar has been approved by both the state and federal governments .The mall, to be known as Chelsea Premium Outlet, will be operated jointly with US firm Simon Property Group and will be the anchor of the whole project. It is expected to open next year. On the other hand, it is reported that Genting is also looking at a number of investment opportunities in the US (BT)

1 comment: