analysts interviewed by BenarNews
But warn that the still unfinished Forest City project, a U.S. $100 billion endeavor, could spook foreign investment in the JS-SEZ. Started in Malaysia’s Johor state by one of China’s largest developers 12 years ago, the ambitious project has failed to meet its lofty goals and is a cautionary tale. “The troubled Forest City project could indeed cast a long shadow over the JS-SEZ’s potential to attract investors,” said Michael Warren, founder of Consulting Board Asia, a business consultancy. “Investors may harbor skepticism based on Forest City’s issues, associating them with similar risks in the JS-SEZ.” China’s potential role in the new free-trade zone is “significant as a source of investment,” Warren told BenarNews. White elephant in the room สล็อตเว็บตรง