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Crazy Chinese Development in Johor Bahru
AREA Press Release No. 654/2021: September 16, 2021
Dr.Sopon Pornchokchai, Ph.D. Dip.FIABCI, MRICS
President, Agency for Real Estate Affairs (AREA)
Have a look at the Forest City in Johor Bahru, Malaysia. In the future, this kind of crazy developments might happens in the Eastern Economic Corridor of Thailand.
It is said that “Chinese-backed investment projects like Forest City Johor Bahru have received criticism for their detrimental impacts on the surrounding ecosystem by destroying marine biodiversity and polluting waterways. Similarly, the ongoing New Manila Bay City of Pearl project has been criticised for the potentially harmful impacts caused by the loss of both mangrove biodiversity and livelihoods of fisher communities”.
“There is also concern over trust. Malaysian civil societies frequently raise the issue of equity, questioning how Forest City Johor Bahru will bring employment and affordable housing to local people. The appointment of China Harbour Engineering to conduct reclamation work in Manila Bay has also sparked concerns as the company was involved in a bribery scandal in Bangladesh”. (https://cutt.ly/HEqETVt)