Medini City Sets Example for Urban Public-Private Partnerships
27th Feb 2018 NST The recently concluded ninth World Urban Forum (WUF9) provided a platform for
Read moreUWI partners with governments worldwide to invest in, design, construct, and operate new developments such as Medini Iskandar Malaysia. Medini Malaysia is 2,230 acres of land in Johor, Malaysia, 40 minutes from Singapore’s Changi Airport, and developed by UWI in partnership with Khazanah Nasional Berhad and Mitsui & Co.
Through its yield-driven master plan for the built environment, investment strategy, policy framework development, and partnership structuring for city management services, this iconic project has a vibrant urban ecology, 24-hour lifecycle and continues to attract additional foreign direct investment, residents, and new businesses.
In line with Iskandar’s economic development vision, UWI attracted anchor development catalysts to the Medini project within the leisure, healthcare, education, and media sectors. UWI’s master plan envisioned a mixed-use project with 4 themed economic clusters built for a cosmopolitan population:
Warehousing, distribution, packaging, business process outsourcing
Commercial centre, SME business park, hotels and hospitality facilities
LEGOLAND theme park, Mall of Medini, Gleneagles Hospital, Afiniti, Urban Wellness Project
Luxury landed properties and condominiums, clubhouse, resort, private school, commercial center
UWI developed a yield-driven master plan, reserving a generous area for infrastructure and public area, and invested approximately USD 500 Mn. upfront for complete development of the infrastructure outlay. Each land plot within the Medini development was fully integrated within the complete infrastructure network including:
UWI worked with Iskandar Regional Development Authority (IRDA) to create a policy framework attractive to businesses and investors, including:
To ensure high-quality operational services of its infrastructure assets, UWI structured new partnerships with local and international service providers for Medini’s city management services and smart city services including:
Power, water, sewage, ICT & telecommunication, transportation
Employment, health, education & vocational training
Facilities management, estate management, security, district cooling, advertising, parking, smart card services, waste collection and disposal, pest control, parks and greenery management
In addition to its own investment, UWI created a commercially viable master plan and a yield-driven investment model to attract over 30 companies from diverse regions resulting in:
27th Feb 2018 NST The recently concluded ninth World Urban Forum (WUF9) provided a platform for
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