You are here: Home » Breaking News » IFD sales in Malaysia start we...
Breaking News
IFD sales in Malaysia start well
10 Oct 2008
Aldar Properties and Millennium Development International said the new project is aimed at providing the country with a financial district to turn Malaysia into an important financial hub in Asia.
The firm said that the development gains its importance from its geographical position at what is perceived to be the crossroads of trade routes between the East and the West.
Investors from the Gulf Cooperational Council region, Singapore and neighbouring countries from South East Asia expressed interest in the project at its launch at the Cityscape event in Dubai.
Oussama Kabbani, vice-chairman of the board and managing director of Millennium Development International, stated: "The vast attention the project already witnesses is associated to the efforts made by all parties involved on all levels."
Malaysia Ventures, a subsidiary of Saraya Holdings, Unity Capital, the United World Infrastructure and Iskandar Investment Berhad of Malaysia are the developers behind the project.
Gulf News reported that the Malaysian Islamic sector is seen as one of the most attractive in the world.
Source: Adfero
Login
Find A Company
Weekly Email News Round-up
Related news by topic
Lower interest rates key to affordable housing
18 Nov 2008
Cityscape intelligence finds India?s real estate developers focusing on mid-income housing amid call...
Source: Cityscape Intelligence
Business leaders call for protectionism to be resisted
17 Nov 2008
Business leaders at the World Economic Forum 24th India Economic Summit have called for countries to...
Source: Adfero
'Gartmore's emerging market investments are more conservative'
14 Nov 2008
Gartmore, an asset management firm, has announced that the global financial crisis has led to its in...
Source: Adfero