Forest City is located in the center of ASEAN which is currently the world’s seventh largest economic bloc . its GDP, which has been growing steadily to US$2.5 trillion in the year 2016. With an estimated population of 600 million , which surpasses that of the European Union or North America, ASEAN presents a massive market opportunity. Additionally, ASEAN has the world’s third largest population of young people, following China and India with approximately 60% of its people are under 35 years old.
The region also has an increasing middle class with consumption expected to increase by US$1.5 trillion by 2015, to US$2 trillion by 2020, which is more than the consumption of India and possibly even China’s coast region. The growing population and the consequent increase in consumption will create massive demand for infrastructure, opening up new business opportunities and markets.
The Iskandar Edge
The forest city malaysia is the most ideal area inside Forest City is located in the Iskandar Special Economic Zone (SEZ). It is located at the southernmost point of Peninsular Malaysia and next to Singapore, Iskandar SEZ was created under the Economic Transformation Plan of the Malaysian government in 2006.
Strategic Regional Location
- Direct flights connecting Johor Bahru and 16 cities
Malaysia-Kuala Lumpur, Penang, Kuching, Ipoh, Langkawi, Sibu, Miri, Kota Kinabalu, Tawau, China-Guangzhou, Indonesia-Jakarta, Surabaya, Thailand-Bangkok, Vietnam-Ho Chi Minh City
A Bridge Away From Singapore: Exclusive Entry Points
Malaysia’s government has approved the setting up of Forest City Entry Points to aid in accommodating the rising demand for traffic. Every day, close to 150,000 passengers commute across Malaysia as well as Singapore.