India Investment Property » Investment In Malaysia http://indiainvestmentproperty.com Real Estate Investment in India Sat, 19 May 2012 11:33:41 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 SMR Ltd Plans To Invest In Malaysia Cybercity http://indiainvestmentproperty.com/real-estate-news/smr-ltd-plans-to-invest-in-malaysia-cybercity/ http://indiainvestmentproperty.com/real-estate-news/smr-ltd-plans-to-invest-in-malaysia-cybercity/#comments Mon, 02 Jun 2008 09:35:09 +0000 http://indiainvestmentproperty.com/real-estate-news/smr-ltd-plans-to-invest-in-malaysia-cybercity/ Mumbai-based Sunil Mantri Realty Ltd plans to invest about hundred million U.S. dollars to participate in the development of Bandar MSC Cyberport in Kulai, the first Multimedia Super Corridor (MSC) cybercity in Malaysian southern Johor state. This is for the first time that an Indian company is investing in malaysia cybercity. The company signed the MoU to jointly develop this more that one billion’s ringgit development.

MSC Cyberport chief executive officer Mr. Ganesh Kumar Bangah said, “The hundred million U.S. dollars investment from Sunil Mantri will be injected to develop Phase one of Bandar MSC Cyberport, covering a size of 13.2 ha. Work on the project is expected to start at the end of the year”.

Mr. Bangah said, “It will be a mixed development with residential, commercial and ICT spaces targeting the IT operations of MNCs, while developing local technology companies and technopreneurs.

]]> http://indiainvestmentproperty.com/real-estate-news/smr-ltd-plans-to-invest-in-malaysia-cybercity/feed/ 1