Singapore’s CapitaLand will be project manager for a lifestyle project in Malaysia’s Iskandar region as part of a collaboration between the two countries, state investment firms Khazanah Nasional and Temasek said on Thursday.

Prime Minister Datuk Seri Najib Tun Razak is confident Iskandar Malaysia would continue to flourish and that the project would be completed on schedule despite global economic uncertainties.

- by NST

Medini, the flagship development of Iskandar Malaysia, has received another boost through a RM688 million commercial project, emphasising the region’s growing attractiveness to investors.