Iskandar Waterfront Development Sdn Bhd
Real Estate - Johor Bahru, Johor, Malaysia
Iskandar Waterfront Development Sdn Bhd Employees
Iskandar Waterfront Development Sdn Bhd Details
Corporate ProfileIWD's development is within Iskandar Malaysia (IM), a national project driven by the Federal Government and the Government of the State of Johor.IWD is a Government-linked company (GLC) through the shareholding of Iskandar Investment Berhad (IIB) at 51.2% and Kumpulan Prasarana Rakyat Johor (KPRJ- an investment arm of the State Government) at 12.3%. The balance of 36.5% is held by Danga Bay Sdn. Bhd., a private property development company.At the same time, Khazanah Nasional, the investment arm of the Federal Government, holds 60% of the shares in IIB. The Employees' Provident Fund (EPF) and KPRJ hold 20% each. Incorporated on 10 October 2006, IWD has a land bank of 3,028 acres of prime waterfront land.
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