Malaysia Star, 9 Sep 2011Fund managers in Singapore see the improved bilateral ties between the island state and Malaysia as the major driver of development in Iskandar Malaysia.
HwangDBS Vickers Research Sdn Bhd analyst Quah He Wei said feedback from fund managers showed that many of them would recommend that their clients invest in the economic region.
Quah pointed out that the Singapore government was sending out a strong signal to its investors to look at Iskandar through initiatives such as Temasek Holdings' joint venture with Khazanah Nasional Bhd to develop a “wellness township” in Nusajaya. Full story
