Malaysia’s Iskandar Waterfront Holdings and Catcha Group to build internet cities
Details of the collaboration, which will involve purpose-built developments for tech companies, to be unveiled later this year, IWH says
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MALAYSIA’S Iskandar Waterfront Holdings (IWH) and Catcha Group are exploring potential opportunities to develop “internet cities” and technology hubs across South-east Asia, with Kuala Lumpur and Johor Baru in their priority list.
In a joint statement on Friday (July 15), IWH and Catcha said a memorandum of understanding has been signed to kickstart detailed discussions — including shortlisting prospective locations across the region.
A spokesperson from IWH told The Business Times that both companies are now finalising the master plan. Details for phase 1 of the development will be unveiled by the fourth quarter of this year.
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