ASIATIC Development Bhd, a subsidiary of gaming group Genting Bhd, expects to build properties worth more than RM35 billion at its township in Johor, beating its earlier forecast by 17 per cent.Dubbed Asiatic Indahpura, the project is sprawled over 3,200ha of plantation land in Kulaijaya which is part of the Iskandar Development Region (Iskandar).The 30-year project, which started in 1997, is being developed by Asiatic's property arm, Asiatic Land Development Sdn Bhd.
(4-2-2008 New Straits Times)
