Friday, July 21, 2006

Johor State New Administrative Centre - Latest work progress

UOB Kay Hian had indicated in its investment research titled 'Strategy - Emergence of A Super-Cycle Performer' in June 2006 that various state government departments are expected to relocate to the Johor State New Administrative Centre (JSNAC) located in Bandar Nusajaya, which are to complete in August 2007.

OSK Securities further reported that the JSNAC was 11% completed as at April 2006 in its 24/7/06's investment research on UEM World.

With so much publicity on the South Johor Economic Region (SJER) particularly with the Government allocating RM12.2 billion for Johor under its 9MP, I visited the site of the JSNAC in July 2006 as an excited and curious Johorean.

Do you think that a project of such massive scale could be completed on time judging from the current work progress based on the picture taken at the project site?





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