JOHOR BARU: The RM600 billion Forest City development will bring more positive impact than negative ones to the people of Johor.
Kumpulan Prasarana Rakyat Johor (KPRJ) executive vice chairman Datuk Md Othman Yusof told a press conference here today that the development will bring direct and indirect returns to the state government which will then channel it to the local folk.
Md Othman said the taxes paid by those who occupy the man-made island will be used to build low-cost houses in suitable areas in Johor.
He said the project will also not affect the sea ports, namely, Port of Tanjung Pelepas but complement it.
Property values in the surrounding areas like Gelang Patah will also increase.
However, the stopwork order on reclamation works after several issues were raised had not only caused the developer Country Garden Property View to suffer financial loss, it may also shake the investors' confidence.