Forest City Johor: Why Malaysia’s Most AMBITIOUS Megaproject FAILED

Just when you thought there could be no bigger disappointment than a Prime Minister (Najib Razak) stealing from his own people, then comes along Forest City - Malaysia’s BIGGEST failure since the 1MDB corruption scandal. Forest City has now been branded as one of the most useless megaprojects in the world. Forest City is Malaysia’s $100 billion dollar megaproject failure that is known by Johor Bahru locals as a ghost town. Malaysia had high expectations for Forest City, especially considering its strategic location and early promising sales from Chinese buyers. It is nestled in Johor Bahru, just north of its tiny but wealthy neighbor, Singapore. But many factors including political and ecological challenges have caused the downfall of the Malaysian megaproject, which now bears the tarnished reputation of “Forest City Malaysia Ghost Town.”
Thanks For Watching: Forest City Johor: Why Malaysia’s Most AMBITIOUS Megaproject FAILED
Chapters:
0:00 Malaysia’s $100 Billion Dollar Failure
0:41 Forest City Background
1:35 Problem 1: Political Challenges
5:20 Problem 2: Ecological Disaster
7:37 Problem 3: Foreigners Can’t Have It, Locals Can’t Afford It
9:00 Embracing Connectivity
#megaprojects #construction #architecture
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Footage and images courtesy of:
WALL STREET JOURNAL, BBC NEWS, MALAYSIA NOW, TODAY ONLINE, FREE MALAYSIA TODAY, BLOOMBERG, THE NEW YORK TIMES, SOUTH CHINA MORNING POST, FMT NEWS, CNA, GOOGLE EARTH, FOREST CITY COUNTRY GARDEN PACIFICVIEW, EAST ASIA FORUM, MALAYSIAN INSTITUTE OF ECONOMIC RESEARCH, THE STAR, MCA TV, AL JAZEERA ENGLISH, BLOOMBERG ORIGINALS, COUNTRY GARDEN FOREST CITY, CNN, MALAYSIA NOW, INSIDER, NBC NEWS, ABC NEWS (AUSTRALIA), BLOOMBERG TELEVISION, BLOOMBERG NEWS, MALAYSIA MY SECOND HOME, MALAY MAIL, JOSEPH MARCEL R. WILLIAMS/MIT, MONGABAY, CCTV NEWS, CGTN, VICE NEWS, THE STRAIT TIMES, CNA INSIDER, SCOOBY-DOO