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Building on Singapore's land shortage

Iskandar Malaysia, an integrated development bordering Singapore, owes something to the Shenzhen-Hong Kong model in China.

SINGAPORE -- Land-starved Singapore is building an industrial park and motor circuit next door in Malaysia to feed its need for space and speed.

     Ascendas Group, Singapore's leading developer, is partnering Malaysia's UEM Sunrise in a 40-60 joint venture to develop Nusajaya Tech Park on 2 sq. km in Iskandar Malaysia, the development corridor in Johor, Malaysia's southern state.

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