to accommodate 700,000 residents

Launched in 2013, Forest City promised a futuristic urban paradise of luxury condos, shopping malls, and state-of-the-art facilities. It planned to accommodate 700,000 residents in waterfront apartment towers on four man-made islands spanning 30 sq km (11.6 square miles) between Malaysia and Singapore. Historically, Johor has had close economic ties with Singapore, with many of its residents working in the Lion City and commuting daily via a bridge that spans the Johor Strait. Forest City was touted to create 220,000 jobs and contribute an estimated 200 billion ringgit ($47.6 billion) to the nation’s gross domestic product by 2035. But with its empty apartments, barren malls, and deserted streets, the development has become a symbol of overreach, earning the project the notorious label of a “white elephant.” สล็อตเว็บตรง