Disneyland looking back at Malaysia… again?

Malaysia’s Khazanah, Disney in talks on theme park – report
Sunday, September 30, 2007
KUALA LUMPUR, Sep 30, 2007 (Thomson Financial via COMTEX) Walt Disney Co is holding talks with Malaysia’s investment arm Khazanah Nasional about developing a theme park in southern Johor state facing Singapore, a business paper reported Sunday.

The Edge, a business weekly, said Walt Disney officials met officials from Khazanah last week on developing a park in the Iskandar Development Region.

“They (Walt Disney) met Khazanah managing director Azman Mokhtar and had discussions with other top Khazanah executives,” it said.

But it said Khazanah was also in negotiations with other theme park players including Warner Brothers.

The Edge said Khazanah would make a decision on its choice of partner by year’s end.

The report comes amid ongoing construction work on the Universal Studios theme park in Singapore.

Muslim-majority Malaysia has embarked on an ambitious development plan to spread growth and jobs in Johor state, and has been keen to attract investment from the Middle East.

Prime Minister Abdullah Ahmad Badawi hopes to attract 50 billion ringgit to the Iskandar Development Region over five years.

-News Report Post-

Advertisements
Posted in idr, nusajaya. Tags: . Leave a Comment »

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: