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Broadway Malyan plans Media Village in Malaysia - Construction Week Online

posted 4 Oct 2011, 05:45 by Straits View

A rendering of the concept master plan for GCD Media Village in Medini, Malaysia The concept master plan for GCD Media Village in Medini, Malaysia, has been delivered by Broadway Malyan.

The scheme will support the new Pinewood Iskandar Malaysia Studios, a US$130 million film and television production facility project which is expected to create over 3,000 jobs.

GCD Media Village will house creative industries in the region and is located close to the Medini Business District.

Broadway Malyan recently completed the concept masterplan for the wider Medini project, which will create a series of mixed-use communities over a 1,000 hectare area. Medini is part of the vast Iskandar scheme.

Director of Masterplanning Ed Baker said: “The plans will result in the delivery of a sustainable business community, and maximise connections with key catalyst projects already underway in the area, including the new Pinewood Iskandar Malaysia Studios, the University of Newcastle’s new medical campus, and future transport infrastructure.”

Broadway Malyan’s projects are being led by the practice’s Singapore-based team.

Leading UK university for engineering and mathematics announces new international branch campus and full scholarships

posted 3 Oct 2011, 18:18 by Straits View

03 OCTOBER 2011 , BY THE SUNDAY TIMES

The University of Southampton, one of the founder members of the UK's respected Russell Group of leading universities, is to open a new campus in Malaysia next year.

The University has signed an agreement to establish a branch campus in the Iskandar region of Malaysia. Scheduled to open in 2012, the University of Southampton Malaysia Campus will initially offer undergraduate courses in engineering.

For the past two years Southampton has been ranked the number one university in the UK for its courses in both Electrical Engineering and Mechanical Engineering by the Guardian newspaper's University Guide.

The new campus will be located within the EduCity development in the Iskandar region. Courses will be taught in Malaysia for the first two years of the programme, with a seamless transition to Southampton's UK campus for the last two years. To find out more about the courses email viecsrilanka@vieceducation.com

Undergraduate scholarships in Mathematics

The University is offering two undergraduate mathematics scholarships comprising the full value of tuition fees for the normal duration of study. These scholarships will be awarded to two academically outstanding full-time international students who have firmly accepted a place at the UK campus before the closing date of 1 August 2012.

Courses open to the scholarships include:

  • MMath Mathematics (4 years)
  • BSc Mathematics (3 years)
  • BSc Mathematics with Actuarial Science (3 years)
  • BSc Mathematics with Astronomy (3 years)
  • BSc Mathematics with Biology (3 years)
  • BSc Mathematics with Computer Science (3 years)
  • BSc Mathematics with Economics (3 years)
  • BSc Mathematics with Finance (3 years)
  • BSc Mathematics with Management Sciences (3 years)
  • BSc Mathematics with Music (3 years)
  • BSc Mathematics with Physics (3 years)
  • BSc Mathematics with Statistics (3 years)
  • BSc MORSE (Mathematics, Operational Research, Statistics and Economics) (3 years)

To find out more about the scholarships email viecsrilanka@vieceducation.com. 

Southampton maths alumnus rises to top CEO position at insurance company Friends Provident: Congratulations to University of Southampton Mathematics with Actuarial Studies graduate Andy Briggs.

Having headed up Prudential and Scottish Widows, Andy has recently been appointed Chief Executive at Friends Provident, soon to be renamed Friends Life. When studying, Andy was a keen volleyball player,playing the sport at national level. He also excelled in his studies,gaining a first-class degree.

Broadway Malyan completes masterplan for mixed-use development in Medini

posted 3 Oct 2011, 06:31 by Straits View   [ updated 3 Oct 2011, 18:19 ]

03 OCTOBER 2011 , BY THE CONSTRUCTION INDEX

Broadway Malyan has delivered the concept master plan for a Malaysian complex that will support a new US$130m (£84m) Pinewood film studio.

GCD Media Village in Medini is designed to provide a home and catalyst for creative industries in the region as well support services for the future regional film industry. It will be located close to to the Medini business district, where Broadway Malyan is also carrying out masterplanning.

The Pinewood Iskandar Malaysia Studios film and television production facility project is expected to create more than 3,000 jobs.

The practice has also just completed the concept masterplan for the wider Medini project, which will create a series of mixed-use communities over a 1,000 hectare area.

The masterplans are for client Global Capital & Development. Broadway Malyan said that they drawn inspiration from the surrounding landscape, which includes one of the largest areas of mangroves in South East Asia, and a waterfront.

Director of masterplanning Ed Baker said: “They will result in the delivery of a sustainable business community, and maximise connections with key catalyst projects already underway in the area, including the new Pinewood Iskandar Malaysia Studios, the University of Newcastle’s new medical campus, and future transport infrastructure.”

The Medini project is part of the larger Iskandar development plan, one of the Malaysian government’s key flagship projects covering an area of over 2,217 square kilometres.

Malaysia, Singapore 'can prosper together'

posted 2 Oct 2011, 17:45 by Straits View

3 Oct 2011 Straits Times

KUALA LUMPUR: Malaysia's Deputy Prime Minister Muhyiddin Yassin yesterday said that his country seeks to cooperate and prosper together with Singapore, so as to tap on Asia's economic boom.

This task requires highly skilled public servants, he added, which both countries can share expertise on developing.

'If we help our neighbours to prosper, we will prosper along with them,' he said.

He also called on Malaysia and Singapore to continue building on their 'special relationship', by 'seeking common ground and putting aside differences'.

Tan Sri Muhyiddin's call was made in a speech to top civil servants from both countries as they met under an informal programme gathering government officials from both sides of the Causeway.

Titled 'Malaysia-Singapore: The Way Forward', his was the keynote address made at the end of the three-day event, which was organised by Malaysia's National Institute of Public Administration.

The event was the third in a series called the Joint Seminar for Public Sector Leaders for Malaysia and Singapore, which was last held in Singapore in 2009.

Singapore's 15-member delegation this year was led by Mr Peter Ong, head of the Singapore Civil Service. Comprising permanent secretaries, deputy secretaries and senior civil servants, they arrived in Kuala Lumpur on Friday and returned last night.

Malaysia was represented by 17 senior civil servants, led by Chief Secretary to the Malaysian government Sidek Hassan.

The two sides are meeting as bilateral ties between Singapore and Malaysia are at what some have described as a 'high'.

Closer engagement in the last two years has resolved a 20-year impasse over Malayan Railway land, while a strong message of economic partnership was sent out in agreements to have the investment arms of both governments jointly develop large parcels of land in Ophir-Rochor and Marina South in Singapore, as well as in the Iskandar Malaysia development corridor in Johor.

In a speech on Saturday, Mr Ong had also observed how the two countries' economies were strongly intertwined and interdependent. Citizens from both sides, he said, 'live, travel, work and play almost seamlessly across our borders'.

And as part of a booming Asia, he added, Singapore and Malaysia were well placed to ride on the region's growth.

'This gives us opportunities to grow our economies, strengthen our social fabric and meet the aspirations of the people,' he said.

Both Mr Ong and Mr Muhyiddin also spoke on the role of the public service in ensuring growth. Mr Ong said civil servants have to help their countries navigate the uncertainties of the global economy, while Mr Muhyiddin said they play an important part in making sure that policies stay 'on the right track'.

Mr Muhyiddin also urged civil servants from both sides to share their expertise, to make full use of what he called a 'strong mutual partnership'.

'I strongly believe that by having regular seminars like this, we can help each other by sharing our similarities, and comparing our differences for good intentions,' he said.

'Friendship and cooperation are the bridge to lasting peace and prosperity,' he added. 'Let us work together for more harmonious Malaysia-Singapore ties.'

Over the weekend, the civil servants from both sides also met on the golf links for a friendly game at the 34th Malaysia-Singapore Public Service Games.

Catalyst Projects Can Generate RM13 Billion Annual Investments In Iskandar

posted 2 Oct 2011, 05:39 by Straits View

KUALA LUMPUR, Oct 1 (Bernama) -- Construction of catalyst projects in Iskandar Malaysia will generate annual investments of about RM13 billion until 2015, says Iskandar Regional Development Authority (IRDA) Chief Executive Officer Ismail Ibrahim.

IRDA is a statutory body responsible for realising the vision and objective of Iskandar Malaysia which will be transformed into a premier economic growth area.

It will be home to some three million people and total investments are expected to reach RM383 billion when the projects are completed in 2025.

He said the projects, viewed as tourists attractions, would not only generate economic growth but also provide high-income employment for many.

Citing the example of the international Legoland Malaysia theme park taking shape in Iskandar Malaysia, he said the park would open in the third quarter of 2012 and attract more than 1.5 million tourists and create 1,500 job opportunities.

"Todate, more than 12 catalyst projects were in its initial stage of operations and we expect more to join the bandwagon each year," he told reporters after a presentation on Iskandar Malaysia at the National Institute of Public Administration here today.

Some of the catalyst projects in the pipeline include Johor Premium Outlet, Medini Iskandar Malaysia, Indoor Theme Park and Edu-City.

Ismail also said the participation of foreign investors in the projects would also open opportunities for local investors to share experience and expertise.

"The foreign investors will bring with them technology, knowledge and expertise in specific fields and this is a good opportunity for local investors to enhance their expertise," he added.

-- BERNAMA

Beijing developer to invest RM2b in Iskandar

posted 2 Oct 2011, 05:38 by Straits View

KUALA LUMPUR: Iskandar Malaysia is set to receive some RM2 billion investments from a Beijing-based real estate developer.

Zhuoda Real Estate Group yesterday signed two memoranda of understanding with Iskandar Investment Bhd (IIB) to buy land and develop mixed residential and commercial projects in Medini, IIB's flagship development in Iskandar Malaysia.

The first deal is for the development of a residential project at Medini North, with Zhuoda buying a plot of land there for US$53 million (RM158 million) and investing another US$389 million (RM1.2 billion) to develop it.

The second one is for Zhuoda to lease 40,000 square metres for about US$24 million (RM70.8 million) and invest another US$169 million (RM520 million) to develop it. 


"The definitive agreements are scheduled to be signed at the 3rd World Chinese Economic Forum in Kuala Lumpur on November 3," IIB said in a statement released in Beijing yesterday.

The project in Medini North, the leisure and tourism destination in Iskandar Malaysia, will be a joint venture between IIB's subsidiary Medini Iskandar Malaysia Sdn Bhd (MIMSB) and Zhuoda.

To be 80 per cent owned by Zhuoda, the joint-venture company will build residential units on about 73,000 sq m site.

IIB president and chief executive officer Datuk Syed Mohamed Syed Ibrahim said this is the first major investment by a Chinese property development company in Iskandar Malaysia.

"Bilateral trade between China and Malaysia is expected to rise to at least US$80 billion (RM239.7 billion) in 2011 and IIB's partnership with Zhuoda will further support the efforts by both governments in promoting two-way investment between the two countries," he said in the statement.

Zhuoda chief operating officer Yang Han Qing said the company, established 18 years ago, has a total asset value of US$7.8 billion (RM24.1 billion) and net asset value of US$6.6 billion (RM20.2 billion). 

"This signing is a milestone for Zhuoda's initial overseas investment and a landmark in Zhuoda's history to become a globalised company," Yang said.

According to the Iskandar Regional Development Authority, Iskandar Malaysia has recorded a total cumulative investment of US$25 billion (RM75.96 billion) from November 2006 to June 30 2011. Foreign investments accounted for 40 per cent of this amount.

Read more: Beijing developer to invest RM2b in Iskandar http://www.btimes.com.my/Current_News/BTIMES/articles/23ISKAY/Article/#ixzz1Zcy8qYYc

More Hotel Rooms For Iskandar Region, Says Ghani

posted 2 Oct 2011, 05:35 by Straits View

By 2014, the number of hotel rooms in this city is expected to hit 3,000, which is enough to cater for the demand of the Iskandar Malaysia region.

Mentri Besar Datuk Abdul Ghani Othman said that as the pace of investment in Iskandar quickens, the demand for hotel rooms and service apartment is also expected to increase.

"Johor is poised for rapid growth as development in the Iskandar region gathers pace. Certainly we need more rooms to cater for the travellers, tourists and those who choose to live and work in the region.

"Within the next two years, there should be an estimated 3,000 rooms available as the various hotel and service apartment projects are being built," said Ghani after the ground-breaking for the Palazzo Hotel project in Danga Bay.

The 37-storey four-star hotel, expected to cost RM105 million, is owned and operated by the Waz Lian Group, which also runs the Central Hotel chain country-wide.

Ghani said the hotel industry in the state, particularly in this city, was entering an interesting phase.

"Plans for a 600-room hotel in the Premium Outlet in Kulaijaya, expected to be open in November, has been submitted. At Danga Bay, a developer is planning to build a 300-room hotel, complete with a service apartment.

"In Desaru, three more international-class hotels are being planned. The Shangri La Group will operate a 292-room hotel at Puteri Harbour in Nusajaya and the 300-room Renaissance Hotel in Permas Jaya will open its doors by middle of next year.

"With the opening of the Legoland in Nusajaya soon, with four million visitors expected annually, we certainly need more rooms in this city," he added.

-- BERNAMA

Malaysia can expect surge in investments from Japan

posted 2 Oct 2011, 05:35 by Straits View

JOHOR BARU: Malaysia is a leading option among Asean countries for Japanese companies that plan to relocate to the Asean region following the March 11 earthquake and tsunami.

Deputy International Trade and Industry Minister Datuk Mukhriz Mahathir, who recently led an investment delegation to Japan, said Malaysia could expect a surge in investment flows from Japan within the next one to two years.

He said many companies hit by the March 11 disaster had expressed strong interest to either relocate to Malaysia or expand their operations here due to the nation's political stability and the fact that it did not suffer major natural disasters.

“We will aggressively court these Japanese companies to come and invest in Malaysia due to economic uncertainties plaguing the US and eurozone,” he told reporters after attending a closed-door briefing byIskandar Regional Development Authority (Irda), Iskandar Investment Bhd and Johor Corp.

Mukhriz headed an investment mission to Tokyo and Osaka two months ago. He said following the roads shows at the two cities that many Japanese companies now had a better understanding of the investment climate in Malaysia.

He added that feedback gathered there showed that other Asean countries, particularly Indonesia, Myanmar and Vietnam, were also out to woo Japanese businesses.

“We are focusing on high-technology investments in the electronics and electrical and automotive sectors, while our neighbours are going for labour-intensive manufacturing activities,” said Mukhriz.

He said after political stability, the next criterion on the Japanese companies' requirement list for investments was whether the destination country was safe from natural disasters such as earthquake, tsunami, typhoon and volcanic eruptions.

Many Japanese companies practised the “just in time” concept, whereby there should be no interruption in their supply chain and production activities due to natural disasters, Mukhriz said, adding that Malaysia would also continue to attract more investments from China and India because of its stronger economic and political ties with the two emerging economic powerhouses.

Meanwhile, Irda chief executive officer Ismail Ibrahim said all stakeholders of Iskandar Malaysia would from time to time review their strategies to attract new investments to the economic growth corridor.

“Ours (the strategies) are not cast in stone and we have to be more flexible in view of economic uncertainties and challenges that are taking place,” he said.

- Malaysia Star

More foreign firms plan to invest in BioXCell @ Nusajaya

posted 2 Oct 2011, 05:34 by Straits View

JOHOR BARU: Malaysian Biotechnology Corp (BiotechCorp) says five more foreign biotechnology companies are planning to invest millions of ringgit at BioXCell @ Nusajaya.

Chief executive officer Datuk Dr Mohd Nazlee Kamal said the investments in the custom-built technology park in Iskandar Malaysia would be realised within the next few years.

He said the five biotechnology companies coming to Nusajaya were from India, France, South Korea and the United States.

“The development of facilities at BioXCell and the investments from companies in the biotech park will add up to RM10bil,'' Dr Mohd Nazlee said on Saturday.

BioXCell, a biotech park on 32.37ha in the Southern Industrial and Logistics Clusters (SiLC), is being developed by Malaysian BioXCell Sdn Bhd.

UEM Land Holdings Bhd holds 40% equity in Malaysian BioXCell with the remaining 60% held by Biotech Corp the former is the developer of the 526.10ha SiLC in Nusajaya, which is being developed as a clean and green industrial park in Iskandar.

Dr Mohd Nazlee said this at the project commencement for the first high-end biopharmaceutical manufacturing and research and development (R&D) facility by India's Biocon Ltd in BioXCell.

Johor Mentri Besar Datuk Abdul Ghani Othman unveiled a plaque to commemorate Biocon's RM500mil facility. Also present was Biocon chairman and managing director Kiran Mazumdar-Shaw.

Dr Mohd Nazlee said the development of the biotechnology park was progressing well and with Biocon's investment, more biotech companies, especially from India, were likely to follow suit.

He said BioXCell would create more job opportunities for locals.

“We are targeting to create about 300,000 jobs in the country's biotechnology industry by the end of 2012. As of to date, we have created 14,000 knowledge-based workers,'' he said.

Meanwhile, Kiran said apart from Malaysia, other countries including Singapore, Thailand, South Korea and United Arab Emirates were also keen to attract investments from Biocon.

She said the company preferred to invest in Malaysia due to the country's cost competitiveness.

“The Johor plant will be operational by 2014, catering for the global requirements of our range of Biosimilar insulin and insulin analogs for diabetes treatment being commercialised by Pfizer Inc,'' she said.

Kiran said the plant would focus on R&D and the production of other biopharmaceuticals products at a later stage.

Bangalore-based Biocon was established in 1978 and is the biggest biotech firm in Asia. It has evolved from an enzyme company to a fully integrated biopharmaceutical enterprise, focusing on healthcare.

- Malaysia Star

Better ties between M'sia and S'pore boon for Iskandar

posted 2 Oct 2011, 05:32 by Straits View

JOHOR BARU: Fund 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.

“About three week ago, we organised a field trip to Iskandar for the first time for more than 40 fund managers from the republic,” Quah told StarBiz in a telephone interview.

He said that based on a survey, 53% of the fund managers had a positive view on Iskandar's development progress, while 41% were neutral.

Quah added that 64% had indicated they would likely invest in Iskandar properties or in related stocks within the next two years.

He said the trip focused solely on the 9,712ha Nusajaya, one of Iskandar's five flagship zones, as it was considered “the most happening zone”.

Located on the southernmost part of Johor, Iskandar covers 2,217 sq km. The other four flagship development zones are Johor Baru City Centre, Eastern Gate Development Zone, Western Gate Development Zone and Senai-Kulai.

Quah said 72% of the Singapore fund managers said they preferred to buy landed properties in Nusajaya as the area would house several major projects.

He added that the pricing and quality of residential properties in Nusajaya were the main attractions.

“But Nusajaya still lacks critical mass and investors are likely to come in only in 2012, which is the tipping point with the completion of the projects,” said Quah.

However, Iskandar Regional Development Authority (Irda) chief executive officer Ismail Ibrahim said Iskandar was not only about Nusajaya as the other flagship development zones also offered investment opportunities.

Referring to the fund managers' views compiled by HwangDBS Vickers Research, he said: “While we are thankful for the positive report on the progress made by Iskandar by an independent party, fund managers should not limit their visits to Nusajaya.”

He said this after hosting about 100 government officials and businessmen from Wenzhou, China, to Iskandar.

“We have been sending a clear message since day one that investment flows to Iskandar should be well spread out.”

Ismail said Chinese investors had shown strong interest in Iskandar following a visit by Chinese Premier Wen Jiabao to Malaysia in April.

He added that Irda had hosted about 400 visitors from China since 2010 including government officials, trade and investment delegations, entrepreneurs and commercial groups.

“A Chinese investor is currently in talks with a party in Iskandar. We'll announce a major investment,” he said, but declined to divulge details.

- The Star

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