KUALA LUMPUR: Eastern & Oriental Bhd (E&O) has teamed up with Cultural Cluster Sdn Bhd to develop a 79ha parcel of land in the Iskandar Development Region (IDR) in southern Johor. In a statement yesterday, E&O said it had signed a memorandum of understanding (MoU) with Cultural Cluster to set up a 50:50 joint-venture company for the purpose. It said the land formed part of Node 1 of IDR identified as the “cultural cluster” that encompassed three distinct zones, namely Logistic Village, Creative Park and Heritage District. Read More
(The Edge 15-2-2008)
